Hilton will add eight new hotels to its management portfolio to reach 24 hotels in Egypt by 2024, up from only 16 hotels now.
On the side-lines of Hilton's celebration of 100 years since its establishment, Hilton Vice President of operations for (...)
Arab International Company for Hotels and Tourism has allocated EGP 1bn to develop its Ramses Hilton hotel. The development process will be self-financed, the company's Chairperson Amr Bahaa said on Thursday.
He revealed that the company will (...)
Egypt's tourism industry is currently witnessing a lot of achievements and challenges. Its most notable achievement is its revenue hike by 28.2% during last the Fiscal Year (FY), recording $12.6bn, compared to only $9.8bn in FY 2017-2018, according (...)
The ordinary general assembly of the Egyptian Hotel Association (EHA), chaired by Maged Fawzy, announced on Sunday that they will work on developing the skills of hospitality employees by organising training sessions covering various areas to (...)
Horreia Food Industries aims to increase the volume of its exports by 25% during the current year. It will also add two new production lines to cope with increased demand in the local market as well as exports, according to Essmat Youseef, the (...)
Paste and Juice has completed its new agricultural mechanisation project and aims to add a 1,000 tonne new production line by the end of this year.
The company's Export Director, Mahmoud Sisi, said that they completed the mechanisation project and (...)
Arma For Food Industry invested EGP 150m in the local market to increase production lines and train labour.
Director of Business and International Markets at the company, Essam Aboul Hamd, said that the company conducts annual expansions by adding (...)
Herbs Egypt exports 100% of its production abroad, said Rabie Abbas, export director, adding that that the company exports 10 types of dried herbs.
The company, Abbas said, plans to change its equipment in the second half (H2) of 2019.
He explained (...)
Paste and Juice Company, specialised in exporting tomato paste, aims to invest EGP 30m to develop and mechanise farming and harvesting methods, as well as opening a new fresh tomatoes production line with a capacity of 1,000 tonnes.
The company's (...)
Sadat Agricultural Development and Export is considering merging with one of the agricultural entities under a new name, taking into consideration the requirements and standards necessary for export.
Haitham El Saadany, the chairperson of the (...)
Jana Fresh Company intends to obtain licenses to set up an export terminal with a grapes production line, with plans to add more production lines in the future.
Abdel Rahman Mahrous, export manager at Jana Fresh, said his company exports to (...)
Extra Global Company is planning to establish a factory for packaging next year with investments worth EGP 60m and a daily production capacity of 250 tonnes.
Company Chairperson Ahmed Farahat said that his company has a plan to establish a factory (...)
About 25% of the Royal for International Trade's exports are produced from the company's farms, and it aims to increase this share to 70% through buying 3,000 feddans with investments of approximately EGP 300m, Shady Al Adawy, chairperson of the (...)
The Minister of Education Tarek Shawky said that the government aims to partner with the private sector to provide 40% of the total target classrooms through to 2022.
Daily News Egypt sat down for an interview with Shawky, whereby he said that the (...)
Egyptian tourism is in a state of recovery, after several years of being affected negatively by the problems suffered by the country, especially, terrorism.
Tourism Minister Rania Al-Mashat said that the sector's figures this year will reflect the (...)
British travel company Thomas Cook aims to attract 500,000 tourists to Egypt this year from various foreign markets.
Moudy El Shaer, the vice head of Blue Sky, Thomas Cook's agent in Egypt, told Daily News Egypt that the British company has achieved (...)
Travco Group is working on founding four hotels in various tourist cities and is implementing a plan to renovate its fleet of tourist transport from local products.
According to Hamed El Chiaty, the company's chairman, $120m are allocated to create (...)
Thomas Cook Tourism in the UK aims to attract 1.5 million tourists from all European cities to Egypt in 2018, which is 70% higher than the target for 2017.
Hossam El-Shaer, chairperson of Thomas Cook's agent in Egypt Blue Sky Travel Agency and owner (...)
A number of investors in the educational sector have requested from the government offering incentives and extra facilitations to support local and foreign investments in the sector throughout the upcoming period.
Investors in the sector have agreed (...)
A study released by the Marsa Allam Investors Association said that the rate of room increase during 8 years will reach 300% as the requirements of this increase, including infrastructure facilities, power plants, desalination plants, among others (...)
Maher Nassief, the chairperson of Go Bus, a touristic and domestic transport company, said that the firm contracted to buy 100 buses this year, boosting its fleet to 400 buses. Delivery of these units will go through until the summer of 2019.
Daily (...)
A number of tourism investors considered the sudden government decisions to increase electricity prices and the interest rate on loans as one of the most important factors that affect the sector negatively, halting tourism investments in the coming (...)
The tourism companies seek to escape losses after the rise in fuel prices in light of the signing of contracts for the rental of boats for the next period, while at the same time owners of companies stressed the inability of the Ministry of Tourism (...)
For hotels and tourist facilities in Sharm El-Sheikh and Hurghada, Eid Al-Fitr will bring celebrations and a 60% increase in bookings.
Nagy Erian, former vice head of the Egyptian Hotel Association (EHA), said that there is a 60% increase in (...)
The occupancy rate of the North Coast's hotels reached 100% during the holiday week, and room prices have seen a 40% increase compared to last year, following the flotation of the pound.
The reservation agent at Marassi resort said that the (...)