economy

Middle-class Egypt adapts to survive as austerity bites
Egypt

Middle-class Egypt adapts to survive as austerity bites

Swapping new cars for cheaper models, cutting back on pricy supermarket shopping and giving up holidays abroad, middle-class Egyptians are…
Egypt, Greece winners of German travel market in 2017: FVW
Egypt

Egypt, Greece winners of German travel market in 2017: FVW

Egypt and Greece were “the clear winners” of the German travel market in 2017, German Travel Association President Norbert Fiebig…
10 richest Arabs of 2017: Forbes
Economy

10 richest Arabs of 2017: Forbes

Forbes Magazine published on Tuesday a list of the richest 10 people in the Arab world. The UAE had the lion’s…
“This is Egypt” tourism campaign wins Gold, Silver Effie awards
Egypt

“This is Egypt” tourism campaign wins Gold, Silver Effie awards

The “This is Egypt” promotional campaign, directed by the advertising agency of J. Walter Thompson (JWT), has won a Gold…
Egypt’s electronic visa is now available for 41 countries
Egypt

Egypt’s electronic visa is now available for 41 countries

Incoming tourists and visitors to Egypt can now apply for an online visa from the comfort of their home without…
Tourists in Egypt increase by 55 percent in third quarter of 2017: CAPMAS
Egypt

Tourists in Egypt increase by 55 percent in third quarter of 2017: CAPMAS

The number of tourists arriving in Egypt during the third quarter of 2017 rose by 55 percent compared to the same period…
UK embassy launches EGP 47 million startup initiative ‘StartEgypt’
Business

UK embassy launches EGP 47 million startup initiative ‘StartEgypt’

The British embassy in conjunction with the International Finance Corporation launched on Thursday an initiative for start-ups worth EGP 47…
Domestic cigarette price hike starts Thursday: Eastern Tobacco Company
Egypt

Domestic cigarette price hike starts Thursday: Eastern Tobacco Company

Egypt’s largest cigarette manufacturer, the Eastern Tobacco Company, said on Thursday that a price hike on cigarettes produced by Egyptian-owned…
UK slashes economic growth forecasts for next five years, higher deficit
World

UK slashes economic growth forecasts for next five years, higher deficit

Britain has cut its official forecasts for economic growth, finance minister Philip Hammond said on Wednesday as he delivered a…
Sisi calls for unity amid terror threat to region
Egypt

Sisi calls for unity amid terror threat to region

President Abdel Fattah al-Sisi said Tuesday that terrorism is the greatest threat to the peoples of the Middle East, and…
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