Spain's BlueBay Group aims to develop Utopia Beach Club El Quseir Marsa Allam Alawith total investments of EGP 50 million (US$ 6.3million), Blue Bay-Egypt Chairman Gehad Elghazali said Thursday.
The chairman said that the development processes would (...)
Hilton Cairo World Trade signed contract with Asala for Investment and Touristic Development Company in order to inaugurate DoubleTree by Hilton hotels Ain Al Sokhna. Boasting 197 room, a fitness centre and swimming pools, the newly constructed (...)
Egyptian Ministry of Communications and Information Technology will renew in the coming days a protocol on cooperation to develop the technological structure of the country's tourism sector.
According to Minister Atef Helmy, the protocol was (...)
Egyptian Travel Agents Association (ETAA) will hold its ordinary general assembly today to elect a new board of directors for 2015-2019.
The board of directors which manages ETTA consists of fifteen members two thirds of them are elected by the (...)
Egypt's Nile Company for Pharmaceuticals and Chemical Industries (Nile Pharma) plans to launch and register 6 news drugs, 5 for human usage and one for veterinary purposes, with the current fiscal year 2014-15, an official from Nile the company told (...)
Egypt's stocks ended trading on Sunday lower losing 14.48 billion Egyptian pounds driven by Arab and Foreign investors' profit-taking. The main stock index, EGX30 retreated below 9163.81 points.
Indices
Egypt's benchmark index EGX30 ended 4.06 per (...)
Egypt's stocks opened lower incurring early losses worth EGP2 billion amid Egyptian investors' selling on Sunday opening.
Indices
The Benchmark EGX30 tumbled by 0.51 % to 407.93p, and EGX20 pushed down by 2% to 10980.18p.
In addition, the mid- and (...)
Egypt's Delta Insurance Company total assets fell to EGP436.02 million in June 2014 in compared to EGP968.06 million in the same period of 2013.
An official copy data obtained by Amwal Al Ghad revealed that the Surplus of insurance activity of the (...)
Financial service company Premiere Securities S.A.E Chairman Ahmed Adel revealed that his company is aiming to start the launch of real estate fund worth EGP250 million as an initial capital after the holidays of Eid Al-Adha (Feast of (...)
Egyptian Minister of Antiquities and Heritage, Professor Dr. Mamdouh El-Damaty will kick off tomorrow Suez National Museum.
The Ministry is seeking to establish a number of archaeological museums across various governorates; the museum locates on an (...)
Egyptian Tourism Urbanization Company (Tour CA) in Cairo Chairman and Managing Director Essam Eldeen Abd El Hady said the meeting is scheduled today with a number of investors who wish to discuss their submitted bids for participating in Food Court (...)
Head of the Chamber of Tourist Companies Hossam ElShaer decided to buy new Suez canal Certificates with EGP70 million.
This comes among the chamber role and its keenness to take part and contribute in the major national projects, ElShaer (...)
Tourism Urbanization Company (Tour CA) in Cairo, Egypt is planning to offer 'food Court' project to investors on an area ranging between 7.000 to 10.000 meters during the current month with total investment cost ups EGP70 million and expected (...)
Hisham Zazou, Egyptian Tourism Minister has issued two decrees to take away the licences of two hotels in Sharm El Sheikh including Sharm Holiday Resort and Hilton Sharks Bay Resort as it was proved that two English tourists have been sexually (...)
Michael Frenzel, Chairman of the Supervisory Board TUI Deutschland GmbH and TUIfly GmbH asserted that TUI is planning to boost its investments' size in Egypt and to inaugurate 4 new hotels in each of Soma Bay, Marsa Alam, Sahl Hasheesh and North (...)
Hossam Kamal, Minister of Civil Aviation, the head of the Civil Aviation Authority and heads of sectors met in the ministry to discuss the work plan for the upcoming period .
During the meeting, the minister presented the current government's (...)
Eng. Abdul Aziz Fadel, Minister of Civil Aviation said the Air traffic in all Egyptian airports is going regularly and according to the operating tables set for the day.
He asserted that the roads leading to the airport operate normally from early (...)
Karim Helal, an adviser to Egypt's Tourism Minister said the Ministry will receive all the applications for investment banks by the next mid of February as a final deadline in the tender of Tourism Development Fund sector which schedule for its (...)
Egypt and UAE have signed memorandum of understanding today in the field of air transport in order to increase the operating capacities between the two countries, in addition holding many negotiations especially transfer of passenger, cargo air (...)
Hisham Zaazou, Egyptian Minister of Tourism has met Isolde Moylan the Irish Ambassador in Cairo in order to discuss enhancing tourism cooperation between the two countries.
The Minister said the meeting also reviewed the procedures regarding the (...)
The Egyptian Foreign Ministry spokesman Badr Abdel Atty said the ministry is seeking to convince the European countries in order to amend their travel advising on Egypt's Luxor and Aswan.
Abdel Atty has mentioned the important role of the Egyptian (...)