Latest in Tag: Sharm El Sheikh Highlight
Latest in Tag: Sharm El Sheikh
Egypt, Jordan sign gas sector MoU: Petroleum ministry
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply
Saudi, US tourists major spenders in Egypt during 2014: Ministerial Economic Adviser
Ministry of Tourism hopes to raise sector expenditure in Q1 of 2015 to $85, increase tourist numbers to 1.2 million
Egypt’s tourism revival sought at Economic Summit
Luxor and Aswan were excluded from tourist projects at the Economic Summit, says Tourism Chamber Chairman
Lafarge, Orascom sign MoU to manage municipal, agricultural waste
Lafarge Egypt, Ecocem aim to achieve an average fuel substitution rate of 25% by the end of 2015
Egypt signs $6bn contracts to invest in commercial, food commodities projects
65m tonnes of grains and basic food commodities are expected to be traded annually through Logistic Centre, says Hanafy
Al-Sisi to issue governorate demarcation decree, cabinet approves final draft: Local development minister
An invitation to all banks for national plan fund for governorate developments, youth job opportunities
FEDCOC, EU representative discuss reinforcing cooperation
FEDCOC presents economic and political roadmap, procedural and legislative reforms, investment opportunities
None of $142.2bn summit investments go to Suez Canal Axis
The housing, transportation, petroleum, tourism, and investments sectors won the largest of this amount, but no statement has been made regarding Suez Canal Axis investments.
Shoukry meets world leaders at Economic Summit
Egypt’s Foreign Minister receives delegates from US, Malawi, Japan, COMESA and Union for the Mediterranean
Egypt unveils key projects, lures foreign investments
The project will cost $45bn, and will take between five to seven years to complete, Ministry of Housing Mostafa Madbouly said
Russia, Egypt to cooperate in Dabaa nuclear power plant, Russian tourists return in force: Russian Economy Minister
Ulyukayev said cooperation with Egypt will not be limited to the power plant, but also in delivering technology and staff training.
Dana Gas to pump additional $350m in Egypt until 2018
Gas output to increase by 170mn cubic feet per day by 2017
Al-Sisi discusses Palestinian cause at summit sidelines
Israel uninvited, despite president’s opinion praising relations with Netanyahu
Italy, UK, EU express wish to join Al-Sisi’s Libyan counterterrorism efforts
Al-Sisi discusses regional affairs with European representatives at Economic Summit
Summit’s first day cost EGP 100m, revenues approximately $16m: GAFI Chairman
52 countries participating in Economic Summit in Sharm El-Sheikh, UAE and US largest participating delegations
1.5 million Algerian tourists to visit Egypt annually, starting 2015: Algerian PM
The number of Algerian tourists who will visit Egypt will be approximately 1.5 million, starting this year, Algerian Prime Minister Abdelmalek Al-Sallal has told Daily News Egypt. “We asked Prime Minister Mehleb to facilitate procedures of Algerian tourists’ arrival in Egypt during this year,” Al-Sallal said. On the sidelines of the Economic Summit’s second day …
EGP 2.5bn to be injected in logistics, energy, transport, agriculture: Naguib Sawiris
I will not take part in proposed projects, and I don’t like partnerships with the government, top businessman says
ADIB- Egypt demonstrates strong commitment to summit
• ADIB – Egypt supports vital projects launched including power station, oil refinery, PPP in transport, wind farm and rehabilitation center
Turkey, Qatar economic interests looking to resolve political dispute with Egypt
Ankara and Doha awaiting resolution of political disputes to compete for Egyptian investment opportunities at Economic Summit
US confirms Kerry’s Economic Summit participation
US Secretary of State will attend Economic Summit and meet with President Abdel Fattah Al-Sisi
European delegations analyse projects during Economic Summit: Akram Tinawi
Dollar crisis will soon end during the next period, funding economic activities will be priority, says Director of Arab Banking Corporation
27 Saudi chambers of commerce, 170 investors to attend Economic Summit: FEDCOC
Saudi Crown Prince Muqrin bin Abdullah and Saudi finance minister will attend the summit
Sharm El-Sheikh prepares for Economic Summit participants: Governor
Executive agencies in South Sinai work on services and decorating streets in Sharm El-Sheikh, in preparation for Summit
City Stars Properties finishes Phase I of artificial lake in South Sinai at for $278m
Artificial lake project built on land area of 120,000 sqm in resort in Nabq, Sharm El-Sheikh
Scrutiny grows on human rights in Egypt in run-up to Economic Summit
British-based NGO questions the ethics of investment without scrutiny at a time of widespread rights abuses
British Airways to increase passenger rate to 90% per flight to Cairo, Sharm El-Sheikh
British Airways plans to organise flights to Sharm El-Sheikh beginning in September, with two flights per week
Hotel occupancies expected to increase in Sharm El-Sheikh in March
Percentage of Sharm El-Sheikh hotel occupancy currently approximately 40%, says Tourism Committee Chairman
Local alliance, banks negotiate to discuss financing of PPP projects
We are preparing to participate in the qualifying tender once it is launched, says Fayyad
EJB, government coordinate for Economic Summit to meet foreign ambassadors: EJB Secretary General
Discussions underway with German, Russian, and Italian ambassadors, US and Greece will be invited soon, says Salem Mashhour
Conference supporting Egyptian economy to be held in Kuwait
Preliminary conference to be held in last week of February for two days in Kuwait to discuss and present investment opportunities in Egypt