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Red Sea hotel market “not recovering” from effect of travel bans
The hotel market in Red Sea cities is still reeling from the effect of travel bans from European countries, and…
Speed Round
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Dabaa contract could be signed this year, Russian flights to resume a month after ban is lifted
Russian airlines need a month to resume flights to Egypt once the ban is lifted, Russian Transport Minister Maxim Sokolov…
Pharos eyes expansion geographically and into non-bank businesses, looks to close EGP 7.5 bn in transactions this year -Taymour
Pharos Holding is looking to close transactions worth EGP 7.5 bn over the next 18 months as it moves into…
Egypt-Mercosur FTA will hamper domestic production of auto spare parts, says FEI’s transport division
Is the Mercosur FTA bad news for the domestic auto industry? Egypt’s trade liberalization agreement with Mercosur countries — which…
El Sisi talks cooperation in Vietnam, kicks off Egypt-Vietnam business forum
Vietnamese investors coming, too? Over in Hanoi, President Abdel Fattah El Sisi discussed cooperation with Vietnamese Prime Minister Nguyen Xuan…
Chinese companies announced planned investment in Egypt
INVESTMENT WATCH- The fruits of President Abdel Fattah El Sisi’s China trip continue with the announcement of multiple new investments…
Egypt blocks HRW website
Egypt blocks HRW website: Egypt added the website for Human Rights Watch to its growing list of blocked websites on…
US Senate appropriations committee withholds military, economic aid to Egypt
The US Senate’s Foreign Aid Appropriations Committee approved withholding militaryand economic aid to Egypt in FY2018, according to a copy…
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