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The state’s new hotel company is ready to go to market — but is a 30% stake enough?
A new state-owned company that will own a portfolio of seven five-star properties nationwide could offer as much as 20-30%…
Your guide to traveling abroad during an FX crisis
Traveling abroad soon? Here’s what you need to do to get FX: Traveling abroad is a challenge for most of…
Croatian president raises prospect of SCZone investment during talks with Madbouly
Croatia could be interested in investing in the SCZone: Prime Minister Moustafa Madbouly discussed potential Croatian investments in the Suez…
More private-sector involvement in the aviation industry?
TRANSPORT- Egypt’s aviation sector could see more private-sector involvement: State-owned flag carrier EgyptAir will work more closely with private-sector airlines…
Higher personal exemption limits + new taxes on dutyfree alcohol
Customs Law amendments bring changes for travelers: The value of new goods travelers can bring into Egypt has increased and…
Current account deficit narrows 20% in 1Q 2022-23
Higher FDI, exports and tourism revenues are easing balance of payments pressures.
House approves USD 47 mn grant from the US for small-scale farmers
The House of Representatives yesterday approved three foreign financing agreements to fund rural development, irrigation, and rail infrastructure. It also…
More independence for tourism chambers + Hefty fines for fake weather news
House gives first nod to tourism bill: The House of Representatives yesterday gave its preliminary approval to a draft bill…
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