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ODE sells 51% stake in Oberoi Zahra for USD 4 mn
Orascom Development Egypt (ODE) has sold its 51% stake in Oberoi Zahra, a Nile cruise floating boat, to a private…
Economic growth to remain stable over the coming two years -NBK
Economic growth to remain stable over the coming two years -NBK: Egypt’s economic growth is set to remain stable over…
Egypt’s new admin capital airport launches trial operations
Trial operations at the new administrative capital’s Capital International Airport are scheduled to begin tomorrow, sources from the Civil Aviation…
ODE to open two new Gouna hotels in coming months
Orascom Development Egypt (ODE) will open two new hotels in Red Sea resort town El Gouna in the coming few…
Iberia Airlines to launch direct Madrid-Cairo flights in March 2020
Spain’s Iberia Airlines will begin operating four direct flights a week between Madrid and Cairo from 2 March, 2020, the…
Egypt in the news on 07 July 2019
The sale of a 3000-year-old bust of King Tutankhamun at auction for GBP 4.7 mn (USD 6 mn) tops coverage…
Egypt’s current account deficit almost doubles in 3Q2018-2019
Current account deficit almost doubles in 3Q2018-2019 as non-oil imports rise: The current account deficit almost doubled during 3Q2018-2019 to…
Egypt’s capital on list of top cities to see increased tourist arrivals over a decade
Cairo is on a list of the top cities expected to grow their number of tourist arrivals over the next…
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