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Egypt’s economy to grow 3.1% this fiscal year, says BNP Paribas
Egypt’s economy is expected to grow at a 3.1% clip in the government’s current 2020-2021 fiscal year, down from 3.8%…
Return of the Russians?
Direct flights from Russia to Egypt’s seaside tourist resorts could make a comeback in less than a month, after a…
Egypt among 3 MENA countries to see pre-covid growth rates in 2021: Fitch
Egypt is one of three MENA economies that will see GDP growth return to pre-covid levels in 2021, buoyed by…
The 40th anniversary of Philae Temple’s relocation is on the horizon
We could be seeing the commemoration of the 40th anniversary of the relocation of Aswan’s Philae Temple after Tourism Minister…
Take your pick of 54 new hotels in Egypt
We currently have 54 new hotels in development across Egypt, which will add a combined 16k new rooms by 2023,…
Egypt turns down Moscow’s offer to mediate on GERD + El Sisi talks with emir of Qatar
Egypt turns down Russia’s offer to intervene in GERD impasse: Foreign Minister Sameh Shoukry declined yesterday Russian Foreign Minister Sergey…
Current account deficit widens to USD 4.8 bn in 2Q2020-2021
Egypt’s current account deficit widened to USD 4.8 bn in 2Q2020-2021, from USD 3.2 bn in the same period last…
Negligence to blame for Sohag train crash -public prosecution
The public prosecution has found that gross negligence by railway staff was responsible for last month’s deadly train collision in…
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