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EgyptAir offers discounts on domestic flights
January 24, 2024
EgyptAir offers discounts on domestic flights
EgyptAir on Tuesday announced discounts for its domestic flights to Egyptian tourist cities, coinciding with the mid-year school holidays, as…
Hurghada among best global tourist destinations for 2024: TripAdvisor
January 24, 2024
Hurghada among best global tourist destinations for 2024: TripAdvisor
Egypt announced that the international travel and tourism website TripAdvisor has chosen the city of Hurghada, on the Red Sea,…
‘We will not allow any threat to Somalia’, assures Egypt’s President
January 22, 2024
‘We will not allow any threat to Somalia’, assures Egypt’s President
Egyptian President Abdel Fattah al-Sisi affirmed on Sunday that Egypt will not allow any threat to Somalia and its security,…
Severe bottleneck in supply chains due to Red Sea tensions
January 22, 2024
Severe bottleneck in supply chains due to Red Sea tensions
Tensions in the Red Sea have impacted global supply chains, causing inflation in addition to a rise in shipping costs…
IMF begins review of Egypt’s economic reform program
January 21, 2024
IMF begins review of Egypt’s economic reform program
An International Monetary Fund (IMF) team, led by the head of the fund’s mission to Egypt Ivanna Vladkova Hollar, began…
Egypt responds to Moody’s changing its future outlook to negative
January 20, 2024
Egypt responds to Moody’s changing its future outlook to negative
Egypt’s Finance Ministry assured that the government is working to manage macroeconomic risks with flexibility to contain successive external shocks,…
Owing to Egypt’s economic situation, several international brands to close stores
January 19, 2024
Owing to Egypt’s economic situation, several international brands to close stores
The Al Shaya Group, a Kuwaiti retail company, has decided to close some of its stores in Egypt due to…
‘A tough new year for Egypt’ – Moody’s expects significant economic pressures
January 18, 2024
‘A tough new year for Egypt’ – Moody’s expects significant economic pressures
The Moody’s credit rating agency anticipates that Egypt will face significant pressures in 2024 for both debt and financial liquidity.…
Large gold mine discovered in Egypt’s Eastern Desert
January 18, 2024
Large gold mine discovered in Egypt’s Eastern Desert
The advisor to the Egyptian Minister of Supply for Gold Industry affairs Naji Farag, announced the discovery of a new…
Clashes on Egypt-Israel borders, smugglers arrested
January 16, 2024
Clashes on Egypt-Israel borders, smugglers arrested
The Israeli army announced that 20 people, including gunmen, approached the Israeli border with Egypt near the Nitzana Border Crossing…