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Waad Ahmed's Articles

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Tourism industry chiefs say there has already been an impact on bookings



Despite the growth, the World Bank estimates the countries still face an uphill battle

The deal comes as the country is facing an energy crunch as a result of increasing domestic demand


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Egypt has been struggling to recover its once booming tourism industry following the 2011 uprising, with Sunday's incident possibly making it even more difficult

Head of the finance ministry's PPP unit tells reporters at Euromoney Egypt Conference the renewable energy project was oversubscribed, almost tripling the needed investments

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Egypt's investment minister told Euromoney Egypt Conference that the country needs $61 billion in domestic and foreign investments to grow at five percent

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A raft of projects will be available to international bids for involvement in 2016


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Egypt will broaden its financial base to reduce the budget deficit by issuing Islamic bonds in 2016, says finance minister at Euromoney conference

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Egypt aims to reach self-sufficiency with natural gas within 5 years as a result of Eni's discovery, as well as other possible findings, according to a petroleum ministry spokesperson

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The amendments also exempt more people from income tax

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The new law would ostensibly lead to bureaucratic reform, better services for citizens, and fair conditions for employees

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