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1 mn German tourists have made their way to Egypt so far this year, tourism consultant Mohamed Abdel Jaber told Youm7. He added that January to mid-November saw a 90% increase in demand from German tourists which is reflected in the 190 flights between the two countries every week. Ukrainian tourists have numbered 650k so […]
Author Archives: enterpriseam admin
Posted inTourism
Isis Temple unearthed in Qalyubia
An archaeological team excavated the foundations of a temple dedicated to Ancient Egyptian goddess Isis in the Qalyubia area, according to The Egypt Independent. The discovery was initially made by accident during construction work.
Posted inTourism
Hilton seeking management contracts in the North Coast
Hilton Worldwide is looking for hotel management contracts in the North Coast city of Alamein, the Group’s Vice President of Development Carlos Khneisser tells Al Mal. The move is part of the company’s expansion plans in the country, which sees it increasing the number of hotel rooms under its administration by 40% (or some 2,500 […]
Posted inLegislation + Policy
Cyber Crimes Act will criminalize spreading false news on Egypt by online outlets
The Cyber Crimes Act will expand the definition of online crime to include “spreading false news on Egypt,” said Nidal Saad, chair of the House of Representatives’ ICT Committee. He tells AMAY that this would not be limited to social media platforms alone, but will encompass all other outlets. As we noted in July, the […]
Posted inEgypt Politics + Economics
Investors to discuss solution for rising natural gas bills for industry with MPs on Tuesday
Industrialists to discuss rising natural gas bills with House on Tuesday: A delegation from the Union of Egyptian Investors Association (UEIA) will meet with the House of Representatives’ Industry Committee on Tuesday to discuss challenges they’re facing due to rising natural gas bills, UEIA boss ad Oriental Weavers founder Mohamed Farid Khamis said on Thursday, […]
Posted inEgypt Politics + Economics
Saudi embassy in US denies El Adly’s role as advisor
The Saudi Arabian embassy in Washington DC denied former Interior Minister Habib El Adly’s involvement as an advisor to their government in a tweet last week. The statement comes in response to a claim made by the NYT on Tuesday.
Posted inSports
All Egyptian squash finals at the Hong Kong Open
Another squash tournament turns into all Egyptian competition (and in some cases the same family) in both the men and women’s finals at the Hong Kong Open, King Fut reports. The tournament concludes today and will see World Number One Nour Al Sherbini take on Raneem Al Weilely in the women’s final. On the men’s […]
Posted inON YOUR WAY OUT
On this day: 19 November
ON THIS DAY- On this day in 1977, President Anwar Sadat began his historic trip to Israel during which he offered Israel’s Knesset a peace plan a day later. Sadat was the first Arab leader ever to visit Israel. In 1863, US President Abraham Lincoln delivered the brief but renowned Gettysburg Address at the dedication […]
Posted inThe Market Yesterday
EGP / USD CBE market average: Buy 17.6 | Sell 17.7 EGP / USD at CIB: Buy 17.57 | Sell 17.67 EGP / USD at NBE: Buy 17.59 | Sell 17.69 EGX30 (Thursday): 13,847 (-1.3%) Turnover: EGP 910 mn (8% below the 90-day average) EGX 30 year-to-date: +12.2% THE MARKET ON THURSDAY: The EGX30 ended […]
Posted inCALENDAR
19-21 November (Sunday-Tuesday): 11th Annual INJAZ Young Entrepreneurs Competition, Four Seasons Nile Plaza, Cairo. 01 December (Friday): Prophet’s Birthday, national holiday. 01-03 December (Friday-Sunday): RiseUp Summit, Downtown Cairo. 03-05 December (Sunday-Tuesday): Solar-Tec, Cairo International Exhibition & Convention Center. 03-05 December (Sunday-Tuesday): Electrix, Cairo International Exhibition & Convention Center. 05 December (Tuesday): Egypt’s Emirates NBD PMI […]