Tourism News
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Egypt to host first corporate travel exhibition to boost tourism
Egypt is launching its first ever Corporate Travel Market exhibition for the international corporate travel sector.
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Arab Contractors and OCI to carry out EGP750m Cairo Metro works
The bridge will cost EGP 500 million, and tunnel will cost EGP 250 million, Youm7 newspaper quoted the AC Chairman Mohsen Salah.
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Google Maps "streetviews" Egypt's wonders for tourists
Google announced today the launch of 360-degree street view imagery of the Pyramids and five other historical landmarks in Egypt for the first time.
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IDB approves $425 mn loan to Egypt
Loans will help fund development of petroleum refinery and first phase of redevelopment work at Sharm El-Sheikh airport.
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Revenues of Suez Canal Certificates hit EGP 6 bln
The revenues of selling the certificates on the first day hit some EGP 6 billion.
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Egypt power outage costs Suez LE100 mn in losses
Traffic along the international waterway and industrial activity in nearby Red Sea towns were cut off Thursday from massive blackout.
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Egypt’s economic losses reach 70% as Nile tourism halted
A large number of workers in the Egypt's Nile tourism sector have lost their jobs because of the halt in cruises in Luxor and Aswan.
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Crowd-funding the new Suez canal?
Authorities have announced that Egyptian pound-denominated certificates will be available locally and abroad.
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Japan eases travel restrictions to Egypt
Move comes after last month's meeting between Egypt's president and a Japanese MP.
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Egypt's tourism revenue falls 95% after political upheavals
Since 2011 uprising and subsequent turmoil, income has plunged so far antiquities ministry worried it cannot pay its staff.
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Egypt's metro officials demand fare hike amid government reluctance
Egypt's subway officials demand higher fares to offset millions of pounds of monthly losses; El-Sisi says price rise is unlikely.
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Egypt Suez Canal revenue at $482.2 mln in July
Revenue from Egypt's Suez Canal rose by 8.6 percent in July to $482.2 million from $443.9 million in June.
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Supply Ministry to sign 1.3B EGP deal for new canning, silo facilities
Bloomberg L.P. Company to execute three logistic projects in Egypt to improve storage and transfer systems.
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Tunisia and Egypt cancel Libya flights amid unrest
The Tunisian minister of transportation has instructed concerned authorities to secure the return of Libyan nationals to their country.
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India to revise air traffic pact with Egypt
No Indian carrier flies to Egypt at present but Air India is exploring code shares with Egypt Air, a Star Alliance member, on routes in Africa.
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Egypt awards ambitious Suez project to army-linked Gulf firm
The Egyptian army is a local partner in Dar Al-Handasah Egypt through the Armed Forces Engineering Authority.
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No limit on new Suez Canal certificates: Egypt's finance minister
Egyptian investors can buy unlimited shares of investment certificates in the new Suez Canal mega project, to be issued next Sunday.
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Egypt tourism revenue drops by 24.7 pct
Egypt's tourism revenue dropped by 24.7 percent to around $3 billion in the first half of 2014, the Ministry of Tourism said in a statement.
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PM: Egyptian banks to issue 5-year investment vehicles for Suez Canal
The new Suez Canal project will be funded by debt certificates to be issued “in about a week”.
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New bus service links Cairo with satellite cities
Bus service linking Cairo with its satellite cities will begin by the end of August, says tourism minister.