Yasser Shaaban, chairperson of SPT Tours, said that the costs of Opera Aida at the Giza Pyramids area amounted to EGP 13m, including 40% paid to Egypt's Opera House, next to EGP 650,000 for the Ministry of Antiquities. The show was held on 7 and 8 (...)
El Rabie Group Managing Director Hatem Fawzy said that the company achieved sales of EGP 60m at the end of 2017, up by EGP 12m from 2016, and aims to boost its sales to EGP 70m this year.
He pointed out that the company's profits fell by about 40% (...)
Gouda for Agricultural Products aims to inject EGP 80m to expand its agricultural land and establish a potato sorting terminal with investments worth $4m.
Hassan Elbeshbeshy, commercial director, said that the company is working to establish a new (...)
El Buraq for Import & Export & Commercial Agencies aims to increase its sales of tractors and agricultural machinery during the current year, in addition to beginning exporting to Arab countries.
Chairperson of the company, Ayman Omara, said that (...)
The African market enjoys great interest from the government and exporters due to its promising export opportunities, though it is facing a difficult transport problem and a lack of direct shipping lines..
Shipping companies urged the need to (...)
Fifty artefacts will be travelling with the Egyptian football team to the World Cup in Russia next year.
"The sector received a request from the Russian embassy to hold an exhibition during the World Cup," said Elham Salah, head of the Museums (...)
The increase of raw material prices has impacted artists, as some have resorted to using low-quality materials to ration costs, which made an impact on the quality of paintings.
Ali Fawzy, a critic and visual artist, said that the materials and (...)
Egypt's electronic travel visa system is set to go into effect in the next two years, according to Mostafa Sultan, former head of the e-tourism committee at the Egypt Travel Agents Association.
"The government is seeking to activate the electronic (...)
A senior official in the Ministry of Antiquities said that it will complete studying the tender system for the Grand Egyptian Museum's management by the end of December.
The official added that the government seeks to assign the management of the (...)
The total revenue tickets issued by the Ministry of Antiquities for foreigners to visit all the archaeological areas of Luxor reached $81,040 during the year-period since November 2016.
Mohamed Abdel Aziz, director of antiquities in Luxor, said that (...)
Sound and Light Company, a holding company for tourism and hotels, agreed to increase the Ministry of Antiquities' profits from sound and sound tickets from 15% to 20% from 2020 to 2023 according to the acting chairman of the company.
Yasmin (...)
Export manager of Arab Dairy Company (Panda), Sherif Abdel Moneim, said the company plans to increase its exports to reach $40mby the end of this year, compared to $35m in 2016.
Panda is targeting a 14% growth in its exports by the end of 2017, in (...)
Samo Trading and Distribution Company (Abu Auf) aims to achieve EGP 350m worth of sales this year compared to EGP 250m last year, an increase of 40%.
Ahmed Auf, the general manager of Abu Auf, predicted that the company's total exports will reach (...)
Elrashidy El Asly Company is preparing to open a factory to increase production capacity before the end of the year. The company aims to expand its production of sweets and snacks to support the increase of exports during the coming period.
The (...)
The Ministry of Antiquities plans to open the pyramids archaeological area after the completion of the development by the middle of next year.
Minister of Antiquities, Khaled El-Anany, told Daily News Egypt in an interview that the Armed Forces (...)
El Waha For Dates Industries plans to enter four new markets in the coming period, namely China, India, Brazil, and Italy, next to increasing its exports by 10-15% in the coming season.
Sayed Ammar, chairperson of Al Waha Dates, said the company (...)
Oil Tec For Oils & Detergents plans to open a new factory for vegetable oil derivatives next year after the completion of the experimental operation.
Hazem Morgan, Operations Manager Olio Egypt, said the plant's production line is dedicated to the (...)
The National Organisation for Urban Harmony (NOUH) has completed the registration of heritage buildings that are located in Downtown, which has reached 700 buildings according to last inventory.
According to NOUH Chairperson Mohamed Abo Saada, there (...)
The government aims to inject investments worth EGP 2.5bn for the projects of the Antiquities Sector during the current fiscal year.
The plan of sustainable development issued by the Ministry of Planning for the fiscal year of 2017/18 showed that (...)
Steigenberger International Hotel Management plans to complete the first phase of the development of the Movenpick Hotel Pyramid in December this year, according to the regional manager of the group in Egypt and the Middle East, Tewfik El Kady, (...)
According to an official at the Ministry of Tourism, the expenditure rate by the end of the year will rise to $85 from $76 at the end of last year. However, tourism experts said that the average spending does not exceed $35 dollars per person per (...)
Chairperson of the Tourism Investors Association in the Red Sea Kamel Abu Ali described the initiative launched by the Central Bank of Egypt (CBE) to finance the renovation of hotels as "ink on paper and mere deceit."
He told Daily News Egypt that (...)
The Supreme Council of Antiquities decided to issue "Cairo Pass" permits to foreigners to visit the monument sites and Islamic museums in Greater Cairo, including Cairo and Giza, and will apply the decision starting 1 November, according to an (...)
Egypt's Ministry of Antiquities asked the Ministry of Finance to allocate EGP 10m in wages and salaries for the Grand Egyptian Museum's employees in the state budget of fiscal year (FY) 2017/2018, according to an official at the Ministry of (...)
The joint tourism archaeological committee prepared archaeological places and paths of the project that target to put the Holy Family monuments on the international tourism map, in order to welcome visitors and tourist influxes very soon.
The (...)