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Tour operators believe Hurghada knife attacks will have drive down tourism
Several tour operators believe Friday’s knife attacks in Hurghada will have negative repercussions on Egypt’s tourism industry, Al Shorouk reports.…
Speed Round
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One person reportedly dies after attempts to clear informal settlers off El Warraq
Security forces’ attempts to clear state-owned land on El Warraq island in Giza have reportedly resulted in the death of…
Overhaul of bread subsidy system unlikely to change how much wheat Egypt imports
Overhaul of bread subsidy system unlikely to change how much wheat Egypt imports: The Ismail government’s overhaul of its bread…
60-40 split with gov’t on revenues from CFLD’s developments in new capital
60-40 split with gov’t on revenues from CFLD’s developments in new capital: Nasr also spoke of China Fortune Land Development…
Freezones to have a bigger role in 2034 investment strategy
Freezones are back in fashion under the new Investment Act, and the Investment Ministry has a strategy running through 2034…
FDI registers USD 8-8.5 bn last FY, to grow by 20% -El Saeed
FDI to grow by 20% y-o-y in FY2017-18: Foreign direct investment to Egypt in FY 2016-17 is likely to have…
Lobna Helal, Mona El Garf, Mona Zulficar listed among most powerful Arab businesswomen
Lobna Helal, Mona El Garf, Mona Zulficar make Forbes power list: CBE Deputy Governor Lobna Helal was ranked second on…
Al Hayat repays EGP 20 mn debt to EMPC, broadcasting resumes
The Egyptian Media Production City (EMPC) resumed broadcasting Al Hayat TV channels yesterday after the television network’s chairman Al Sayed…
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