The General Assembly of the Egyptian Credit Bureau (I-Score) has approved its 2020 financial statements, which show a 17% growth in profits, which were estimated at EGP 147m compared to EGP 126m in 2019.
Mohamed Kafafi, Chairperson and Managing (...)
Several major international airports have been closed due to an ongoing cold wave across the European continent, reducing the number of incoming flights to Egypt, say tourism specialists.
“But we can't yet determine whether local hotel occupancies (...)
In 2009, Egypt's 72,000 pilgrims spent an estimated LE1.9 billion in Hajj-related expenditures, averaging LE26,100 per pilgrim, according to an Egyptian government report.
The Information and Decision-Making Support Center study said every lottery (...)
French suppliers substantially raised their wheat prices at a tender offer held Thursday by the General Authority for Supply Commodities (GASC), according to a GASC official.
The official, who requested anonymity, attributed the price hike to (...)
UK-based oil giant British Petroleum (BP) has agreed to sell oil and gas fields in Egypt, the US, and Canada to Apache Corp for US$7 billion in an attempt to raise cash following its record oil spill in the Gulf of Mexico.
The Egyptian properties (...)
A report issued by the United Nations on Sunday devoted to Human Development in Egypt points to the growing awareness among Egyptian youth of the difficulties associated with public participation. The report notes that university students often (...)
The Suez Canal Authority announced at a press conference yesterday that Egypt's canal profits have jumped from LE342.2 million in May 2009 to LE395 million in the same period this year . The profit increase is a sign that Egypt is recovering from (...)
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced that the rate of unemployment has dropped to 9.12 percent in the first three months of 2010 compared to 9.4 percent in the last quarter of 2009.
The size of Egypt's (...)
Egypt's unemployment rate reached 9.4 percent in the last quarter of 2009 compared to 8.8 percent in the last quarter of 2008, according to a report issued Monday by the state-run Central Agency for Public Mobilization and Statistics.
The report (...)