Egypt's FM highlights 'soft power' in Mali meeting with alumni    Egypt's foreign minister opens business forum in Niger, targets new partnerships    Egypt's FM delivers Al-Sisi message to Niger's leader, seeks deeper security ties    Rafah Crossing 'never been closed for one day' from Egypt: PM    Egypt will keep pushing for Gaza peace, aid: PM    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Al-Sisi urges accelerated oil, gas discoveries, lower import bill    SCZONE signs $52.6m textile industry deals during China investment tour    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Misr for Sound, Light expects 10-15% revenues growth in H2 of 2017/18
The ticket offers will contribute to increasing the company's revenue growth and will reduce its losses estimated at EGP 19m in the last year
Daily News Egypt Published in Daily News Egypt on 10 - 08 - 2017

Misr for Sound, Light and Tourism Development announced a reduction in the price of the company's show tickets in foreign language in the EGP 150 category, according to an official in the company.
The ticket offer will be available during the second half of this year and will contribute to increasing the company's revenues by 10-15% compared to the same period in the last year.
The new offer includes archaeological areas in Giza (Pyramids), Luxor (Karnak), and Aswan (Feila and Abu Simbel) after adding the value-added tax (VAT).
The company offers a 15% discount on 950 ticket books for the price of EGP 6,442, while the discount reaches 20% when buying more than 1,000 ticket books, bringing the price to EGP 6,404.
A 25% discount will be offered on 10,000 ticket books, where its price will be EGP 6,184, according to an official in the company.
He said that the offer will be valid until 31 December, noting that it may be extended to 30 June 2018.
The ticket offers will contribute to increasing the company's revenue growth and will reduce its losses estimated at EGP 19m in the last year, the official added.
Nagwa Mohammed El-Shazly, chairperson of the company, expected that her company's losses can decline during the year after the recent high turnout rates and ticket prices hike.
El-Shazly pointed out that the company aims to reduce its losses to EGP 13m by the end of this year compared to EGP 19m last year.
In a previous interview with Daily News Egypt, El-Shazly said that the company has a two-stage plan to reduce its losses. The first depends on the promotion of voice and light shows to increase revenues. The second stage depends on reducing expenditures, where the company actually saved about 30% of total expenses so far.
El-Shazly added that the company seeks to make optimal use of its financial resources and assets, whether in Giza or other governorates, while starting to invest in sound and light projects.
Misr for Sound and Light has increased its ticket price for foreigners since April from EGP 125 to EGP 150 per person.

Clic here to read the story from its source.