The World Bank on Friday signed a $1.15 billion loan with the Egyptian government, a final tranche of funds to support economic reforms in the country, the international lender said.
The deal was sealed on the sidelines of the "Africa 2017" investment conference which President Abdel Fattah al-Sisi inaugurated Friday afternoon in the Red Sea resort town of Sharm el-SheikhRead more
President of Egypt Abdel Fattah al-Sisi honored the youth for their contributions to the World Youth Form at the closing ceremony of its sessions, Thursday, in Sharm El Sheikh.
The event which is sponsored by the Egyptian President to help boost the younger generations’ ideas and counter extremist and terrorism ideologies drew, in numbers, 233,000 applicants, 1 million Facebook followers,Read more
Egypt’s President Abdul Fattah al-Sisi launched on Sunday the World Youth Forum, calling on the Egyptian and global youth to adopt objective dialogue and peaceful coexistence without discriminating against age, race, sex or party in order to build the future and civilization. He also said: “Terrorism violates our humanity and resisting it is a human right.”
“Egypt seeks to playRead more
Arab and and international figures kickstarted the “World Youth Forum” at Egypt’s touristic destination Sharm El-Sheikh on Sunday.
The forum sponsored by the President of Egypt, Abdel Fattah Al-Sisi, aims at exchanging expertise in various fields, through discussing topics of the youth’s local and global issues, spreading the spirit of peace as well as fight terrorism.
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The opening sessionRead more
Czech Ambassador in Cairo Veronika Kuchynova said Wednesday that tourist programs from her country to Egypt have increased thanks to a good promotion campaign and low cost.
No trips from the Czech Republic to the Egyptian Red Sea resort of Sharm el Sheikh have ever been cancelled, Kuchynova said.
She told MENA her country never advised its citizens against travelRead more
Chairman of Egypt’s Tourism Promotion Authority Hisham Al Demiri revealed that Incoming tourism traffic to Egypt from Central and Eastern Europe witnessed notable progress during the recent months. He added that Charter flights are scheduled to turn directly from Prague to Sharm El Sheikh after nearly three-year suspension since 2015.
He added, in an interview with “Arabs Today”, that theRead more
Italy will operate for first time four weekly flights from Naples and Bari to Egypt's Red Sea resort city of Sharm el Sheikh.
In statements on Wednesday, Egyptian Tourist Authority Chairman Hisham el Demeiry said the step marks restoring Italian tourism to Sharm el Sheikh.
He noted that a major Italian travel agency - which is due to operate theRead more
Armenian Ambassador to Egypt Armen Melkonian said preparations for the Egyptian-Armenian IT forum due to be held in Cairo are about to be finalized.
In statements to MENA on the 25th anniversary of establishing Egyptian-Armenian diplomatic ties, he said the two countries signed 40 agreements, protocols and memorandums of understanding over the past 25 years.
He highlighted potentials for promotingRead more
The former Minister of Tourism and the famous archaeologist, Zahi Hawass, said that the visiting of international dignitaries, such as the American superstar Will Smith and other celebrities, contributes to the promotion of tourism and activating it in the coming period through the publication of this news in the international media, adding that this is the best way to promoteRead more
A year after militants bombed a Russian plane carrying holidaymakers in Egypt, tourism shows little sign of recovery.
In Khan El Khalil, a historic bazaar in Cairo once full of tourists, a clothing store owner says he now spends his days surfing Facebook.
"I don’t have anything else to do," says Amgad Qasabgi, 45, in front of his shop, aRead more