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Last night’s talk shows for Tuesday, 18 February 2020
National projects, covid-19, and the return of British flights to Sharm featured prominently in last night’s talk shows. Health Ministry…
UK flights finally return to Sharm El-Sheikh after 4 year hiatus
UK flights officially return to Sharm El Sheikh after four-year hiatus: British tourism companies resumed flights to Sharm El Sheikh…
Egypt in the News on 16 February 2020
Topping coverage of Egypt this morning (other than covid-19’s arrival): A British businessman was briefly detained in Hurghada for allegedly…
Germany’s TUI plans to increase arrivals to Egypt by 25% this year
TUI is planning to increase bookings to Egypt 20-25% y-o-y in 2020, the local press reports, citing a source close…
CIAF to submit prospectus for USD 50 mn sukuk issuance to the FRA within 2 weeks
DEBT WATCH- CIAF to submit prospectus for USD 50 mn sukuk issuance to market regulator within two weeks: Aircraft leasing…
Luxor-Sharm El Sheikh flights to launch this week
Egypt’s first direct flight between the Red Sea resort city of Sharm El-Sheikh and the Upper Egyptian city of Luxor…
Egypt may exempt state-affiliated, strategic factories from property tax
EXCLUSIVE- Gov’t mulling whether to give property tax exemptions to state-affiliated factories and private-sector companies in a handful of “strategic”…
EGP surges to new three-year highs against the greenback
CURRENCY WATCH- EGP surges to new three-year highs against the greenback: The EGP rallied yesterday to its highest value against…
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