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The delegation’s remarks came during a press conference held on the side-lines of the ‘GreenTech Business Mission to Egypt’ that is organised by AmCham Egypt in partnership with the US Chamber of Commerce and Egypt-US Business Council.
In terms of international tourism, Al-Batouty said that the global tourism movement would reach 68% of pre-COVID-19 levels in 2022.
Furthermore, Madbouly indicated that the Egyptian economy is expected to achieve a growth of 4.5% in the next FY despite the coronavirus pandemic and the recent outbreak of the Russian-Ukrainian war.
The agreement focuses on safety, pricing, and decarbonisation, among other priorities.
Osman said that there has been a noticeable increase in Egyptians’ interest in visiting archaeological destinations in Upper Egypt, which means a positive change in the concept of travel among the Egyptian family and youth.
The Egyptian government has set the improvement of its railway system as one of its priorities that it plans to invest $220bn into by 2024.
Egypt, Brazil sign MoU between in field of agriculture
EBRD forecasts economic slowdown for 2022 in the southern and eastern Mediterranean
The loan will finance Intro-SR’s equity stake in a portfolio of energy efficiency, waste to energy, waste management, and solar photovoltaic (PV) projects.
The agreements included a €24m grant from the EU’s Integrated Rural Development programme and the Italian Agency for Development Cooperation to support Egypt’s Ministry of Agriculture and Land Reclamation. A €5 grant will also be directed to the Public Financial Management project with the Ministry of Finance
The headline seasonally adjusted PMI – a composite gauge designed to give a single-figure snapshot of operating conditions in the non-oil private sector economy – posted at 46.9 in April, up slightly from 46.5 in March. The April figures also remain far below the 50 threshold that separates growth from contraction.
At the same time, the season also witnessed an increase in the average number of night-time tourism activities, according to the Committee for the Promotion of Cultural Tourism in Luxor.
First environmentally friendly ‘Ma`edet Rahman’ also aims to reduce food waste
Foreign debt is not that high, the main part of the Egyptian debt is in local currency: IMF
The Upgrade is due to strong performance in the first half of the FY: IMF
117k children in age group from 10 to 17 years are married in Egypt
This came in a speech delivered by the ambassador at an iftar organised by the Spanish Embassy for representatives of the Egyptian press on Sunday in which Casares pointed to the growing bilateral economic relations and the volume of bilateral trade exchange, joint investments, and cooperation with Spanish companies in major Egyptian national projects that contribute to the country’s economic transformation, such as transportation and water resources management.
Tourism experts believe that conflict negatively impacts tourism figures in Egypt
2022 full of remarkable celebrations, topped by GEM inauguration and 100th anniversary of King Tutankhamun’s tomb discovery: Hawass
The third tomb is for a person named ‘Bi Nafarhafayi’, who used to occupy several positions, including ‘Al-Samir the One’, ‘Supervisor of the Great House’, ‘The Psalmist Priest’, and ‘The Purifier of the House.’
Gender equality is global challenge which requires cooperation between countries
Ma’aradha is being held in celebration of International Women’s Month and to shed light on Egyptian women’s self-expression and leadership capabilities.
Programme helps teach safe self-defence, response mechanisms to use in case of witnessing street harassment
If coronavirus does not spread any further, Egypt will achieve about $7.2bn in tourism revenues: El-Batouty
“We can only welcome the firm gender policy measures taken by the Egyptian government in recent years that go beyond eliminating violence against women to protect and foster women’s economic and political rights,” he added.
Trade exchange between Egypt, Netherland expected to record $2.4bn in 2021
This came during a press conference launching the joint country strategy between Egypt and the EBRD for 2022-2027
They also sign agreement to establish Alexandria Metro for €250m
Balance between social life, career is biggest challenge facing women in scientific research field
The campaign used to be called ‘Sunny Christmas’, since its launch coincided with Christmas and New Year’s Eve celebrations in Western countries, however, this year it was renamed.