Mostafa Ewees

31 Ahmed Hassan El-Zayat St. - Nasr City-7th-district

Cairo

Egypt

Telephone: +2010-67977744

PhD in Educational Psychology.

Lecturer,Training,HR,Top level management

Egypt’s tourism, Suez Canal revenues could shrink by $13.7 bln through FY24/25 over war on Gaza

As a result of the Gaza war, the Suez Canal Authority announced that the Canal’s revenues declined by 46 percent (Y-o-Y) in January 2024.

An unnamed official disclosed that the Egyptian government is expected to pay an annual fee of $90 million to utilize the FSRU unit.

The new update will be implemented starting Wednesday until July 20, in coordination with the Ministry of Petroleum.

As per the memorandum of understanding, GAFI will provide foreign investors with comprehensive information on investment opportunities in Egypt.

Some hope that Egypt’s Stock Exchange (EGX) will regain in May the heavy losses incurred in April in response to the geopolitical tensions.

Business Events

Egy Beauty Expo 2024 11.05.2024

HVAC-R Egypt 13.05.2024

RiseUp Summit 16.05.2024

WinDoorEx 17.05.2024

Egypt Projects 22.05.2024

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