Egypt may lose out on tourism revenues worth more than 2% of its GDP during 2020: IMF
Egypt could lose out on tourism revenues worth more than 2 percent of its GDP this year due to global travel…
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Egypt’s economy grows 5% in first quarter, misses government target due to coronavirus
Egypt’s economy grew 5 percent in the first quarter, official data showed on Wednesday, lower than the government’s…
Abu Dhabi unveils refund on commercial property leases for restaurant, tourism
Abu Dhabi announced a 20 percent refund on annual commercial property leases for restaurants and for tourism and…
Egypt posts EGP 100 billion loss in one month as coronavirus causes pain – minister
Egypt is being hit hard by the coronavirus pandemic, posting a loss of more than 100 billion Egyptian pounds ($6.3…
S&P expects Egypt’s foreign reserves to fall to $37 billion by June-end amid…
Rating agency S&P has forecast on Friday Egypt’s foreign exchange reserves - including gold – would decline to…
S&P sees Egypt’s real GDP growth slowing to 2.8% this year amid coronavirus
Rating agency S&P Global expects Egypt’s real GDP growth to slow to 2.8 percent in the current financial year…
Tourism records highest revenues ever during 2019: CBE
The tourism sector recorded its highest ever level of revenues in Egypt's history with $13 billion in 2019,…
Egypt’s tourism seen losing $1 billion a month due to coronavirus – minister
Egypt’s tourism sector is expected to incur losses up to $1 billion per month after the suspension of all…
World tourism would lose at least $22 bn on coronavirus
The deadly coronavirus epidemic will cost world tourism at least $22 billion owing to a drop in spending by Chinese…
Egypt’s tourism revenue surges 6.6% in Q1 FY2019-20
Egypt’s tourism revenue surged 6.6 percent year-on-year in the first quarter of the financial year 2019/2020 to…