Almost 10,000 tourists have visited Sharm El-Sheikh and Hurghada since the resumption of Egypt's tourism at the beginning of July, according to the Ministry of Tourism and Antiquities.
In a press statement on Tuesday, the ministry noted that the two (...)
Moon Jae-In, President of the Republic of Korea, has announced the appointment of the country's new Ambassador to Egypt, Hong Jin-wook, effective as of June.
According to a press statement released by the Embassy of the Republic of Korea in Cairo, (...)
The International Monetary Fund (IMF) expects Egypt to remain economic strong, and attain positive growth this year, according to Jihad Azour, Director of the fund's Middle East and Central Asia Department (MCD).
The IMF forecast comes despite the (...)
Philip Morris International (PMI) announced that the US Food and Drug Administration (FDA) has authorised the marketing of the IQOS, PMI`s electrically heated tobacco device, as a modified risk tobacco product (MRTP).
During a virtual conference on (...)
The International Monetary Fund (IMF) has further downgraded its projections for the Middle East and North Africa (MENA) region's economic growth to -5.7% in 2020 due to the novel coronavirus (COVID-19) pandemic.
This represents a 2.4 percentage (...)
Spain and Japan have requested that Egypt restart tourism in Luxor, as tourists from the two foreign countries expressed their interest to visit one of the world's most important travel destinations.
Mohamed Osman, Chairperson for the Committee of (...)
Several analysts have argued that, despite the rapid drop in global emissions, the novel coronavirus (COVID-19) will actually prove to be environmentally damaging, according to the Oxford Business Group (OBG).
"This is especially pertinent for (...)
Two CA$14m grant agreements, covering health, socio-economic support and empowerment of women, have been signed between Egypt and Canada, according to Egypt's Minister of International Cooperation Rania Al-Mashat.
The grants were signed by Minister (...)
"I cannot remember exactly what happened to me, I cried, shouted, asked for help but all of this was in vain, and the only thing that is still in my mind is that it took me decades to overcome this bad incident." For victims of sexual assault and (...)
Egypt's exports are likely to rise 2% in the first half (H1) of 2020, against a 20%-30% decline worldwide, according to Alaa Ezz, Secretary-General of the Union of African Chambers.
Ezz said, "A recession in several African countries, the first in (...)
Egypt's non-oil private sector contracted in June at its slowest pace since the start of the novel coronavirus (COVID-19) outbreak, according to an IHS Markit Purchasing Managers' Index (PMI) report.
Despite the slowdown in contraction, the (...)
Ukrainian tour operators have highlighted increasing demand from the country's citizens to visit Egypt, great news for a sector that has been hard hit by the novel coronavirus (COVID-19) pandemic.
As a result, the tour operators have suggested (...)
The National Council for Women (NCW) announced, on Saturday, it has submitted a complaint with the Public Prosecutor to investigate allegations of rape and harassment recently raised on Instagram.
The accusations, which surfaced on the social (...)
The National Council for Women (NCW) presided by Maya Morsi, called on all the concerned entities to investigate in harassment and rape allegations currently discussed on social media.
A group of girls created an Instagram account a few days ago, (...)
A range of tourism businesses in the Red Sea and South Sinai governorates have been granted health and safety certificates to reopen, the Ministry of Tourism and Antiquities said on Tuesday.
The businesses include eight diving centres, six yachts, (...)
The European Union (EU) has provided a €24.8m grant to support the European Bank for Reconstruction and Development's ( EBRD) Green Energy Financing Facility (GEFF) in Egypt.
The facility focuses on supporting energy efficiency and renewable energy (...)
Egypt's trade balance recorded a deficit of $2.36bn in April, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) in its monthly "Foreign Trade Data" bulletin.
The figures compare to the $4.28bn reported in the same month (...)
A total of 144 tourist restaurants and cafeterias have received the health and safety certificate required to reopen, the Ministry of Tourism and Antiquities said on Sunday.
Egypt's gradual comes as part of the state's plan to co-exist with the (...)
Minister of International Cooperation Rania Al-Mashat and Minister of Public Enterprise Sector Hisham Tawfik have met with a number of international financing institutions to review the Egypt Aluminium Company's (Egyptalum) expansion plan.
During (...)
The number of complaints received by the complaints office at the National Council for Women (NCW) since 14 March has increased 1,000%, office's director Aml Abd El Moneim told Daily News Egypt
Before the onset of the novel coronavirus (COVID-19) (...)
An inclusive public and private sector workforce is directly correlated to significant gains in productivity, which in turn leads to sustainable economic growth, according to Minister of International Cooperation Rania Al-Mashat.
The minister's (...)
The Saudi Grant Committee approved, on Sunday, EGP 200m in financing for five new projects in Egypt, according to Minister of International Cooperation Rania Al-Mashat.
The funding comes as part of a wider Saudi grant of $200m that has been given to (...)
The International Monetary Fund's (IMF) Executive Board approved on Saturday immediate disbursement of the equivalent of Special Drawing Right (SDR) 1.4bn (about $2bn), under a 12-month Stand-by Arrangement (SBA) for Egypt, worth SDR 3.76bn (about (...)
The Executive Board of the International Monetary Fund (IMF) approved on Friday a 12-month Stand-By Arrangement (SBA) for Egypt, with access equivalent to SDR 3.76bn ($5.2bn or 184.8% of the quota).
The new arrangement aims to help Egypt cope with (...)
Saudi Arabia announced on Monday that the 2020 Islamic pilgrimage (Hajj) will be limited to a small number of locals and residents of other nationalities already in the country.
The Saudi decision was made due to the ongoing novel coronavirus (...)
