Latest in Tag: decline Highlight
Latest in Tag: decline

46.3% decrease of number of tourists in Egypt in January 2016: CAPMAS
A total of 363,500 tourists visited Egypt from around the world in January 2016, a registered decrease of 46.3%, according to a press release by the Central Agency for Public Mobilisation and Statistics (CAPMAS) Wednesday

Dollar to reach EGP 8 by the end of June: Emirates NDB
Depreciation can happen at a faster pace, the bank says

Russian tourists visiting Egypt exempt from entrance fees: Interior ministry
Egypt strives to reduce negative effects of rouble devaluation on tourist inflows from Russia

Declining oil prices contribute to budget deficit decrease by $5.5bn: Qalaa Holding
Qalaa Holding expects to achieve earnings totalling $700m in 2017 due to declining oil prices

Egyptian energy investments may decrease due to low global oil prices: Experts
Chairman of the Energy Committee of the FEI expects energy investments to decline and concerns of Arab investments may lead to decrease in investments

Government considers bartering commodity imports from Moscow: Official spokesman
A halt in trips from Moscow and St Petersburg to Sharm El-Sheikh and Hurghada due to decline of rouble: AlMasria Universal Airlines chairman

Lantern prices increase 20%, Chinese products infiltrate market
Ramadan lantern prices increased this Ramadan over last year due to a price increase in raw materials and exchange rate

Egypt lost 3,000 of its millionaires under Morsi government: Credit Suisse
A significant drop in the number of Egyptian millionaires echoing the decline of Egyptian wealth level

Syrian crisis casts shadow on Egyptian market
Stock market witnesses the biggest fall since the 14 August violence.

Cairo airport officials deny 55% decline in air traffic
DPA’s sources said the canceling companies included Middle East Airlines, Kenya Airways, Royal Jordanian Airlines, Kuwait Airways and EgyptAir

Assets plunge EGP 28.2bn end of March
Egypt’s net foreign assets fell to new low since President Mohamed Morsi assumed office last year

Instability shakes Egypt’s tourism industry once more
Tourism has declined further since calls from activists to revive the 2011 revolution and oust the Morsi regim