Tourism News
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Italians represent 70% of tourists in Egypt: Minister
The minister highlighted relations with Italy as one of the main sources of European tourists to Egypt.
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Why Egypt must cut Suez canal red tape
The new channel is part of a larger project to expand Suez port and develop 76,000 square km (29,000 square miles) around the canal.
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Looking to Suez expansion for economic growth in Egypt
Egypt’s challenging economic environment has led officials to refocus their efforts on expanding and upgrading the canal.
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Egypt raises $8.5B for Suez Canal expansion
Egypt's Central Bank has raised $8.5 billion for the construction of an expansion of the Suez Canal by selling investment certificates.
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Egypt says will boost security at tourist sites
In addition to the security cameras, the government plans to introduce mandatory background checks for tourism industry workers.
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Egypt tourism could fully recover by end 2015 - minister
Hisham Zaazou also expressed concern that tourism would take another hit if Islamic State militants showed any signs of infiltrating Egypt.
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Egypt expects $425 million from Islamic Development Bank, for refinery, airport
$198 million are earmarked for a refinery in Assiut, and $226.8 million will go towards the first phase of the Sharm el-Sheikh airport project.
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Cairo-Cape Town Highway: From vision to reality in 2015
Egypt’s Minister of Transportation has announced that the Cairo-Cape Town Highway will commence trial operations at the start of 2015.
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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.