“The reserves will continue going up.” These are the words of the Governor Hisham Ramez to assure investors and restore confidence in Egypt’s economy. The country’s reserve has fallen by more than 50% since the departure of President Hosni Mubarak. Gulf States have pumped in billions to salvage the economy after the ousting of President […]
Egypt
Egypt’s Tourism Ministry on “aggressive” promotion
Egypt’s Tourism Minister, Hisham Zaazou, has decided not to be pulled back by the sporadic violence and bombings to promote and develop what was once a renowned industry and an important sector of the economy; Tourism. He is targeting tourists from around the globe to revive the vibrancy of the sector. Almost 2,5million Russians visited […]
Egypt: Ambassadors’ joint statement for respecting rights and liberties in the country
Egypt’s foreign ministry has reacted to the joint statement signed by the U.K, France, Germany, Japan, Turkey, the US and 21 other European countries by summoning their Ambassadors. The joint statement called on Egyptian authorities to respect the rights and liberties of individuals following the crackdown on protesters since the arrival of the military backed […]
Terror Attacks Threats Turning away Tourists from Egypt
The attack of last February 16 near the resort of Taba, claimed by Sinai-based Ansar Bayt al-Maqdis group, has heavily impacted Egyptian tourism as many Western countries have warned their citizens to avoid visiting Egyptian tourism sites, including in the Sinai and Taba. Meanwhile, Club Med has closed at least until the end of March […]
Mrs Hala Shokrallah, 1st Egyptian Woman to Head Political Party
An Egyptian woman has been elected lately head of the Liberal Dostour party in a country where women still do not play a major political role in a patriarchal and Muslim-dominated society. She is called Mrs. Hala Shokrallah. She is a Christian and apparently she has broken the rules and become the Chief of her […]
Egypt: Govt Steps Down, Uncertainties Grow
The Egyptian interim government led by Mr.Hazem El-Beblawi has announced Monday its resignation amid growing criticism over its poor performance and failure to deal with social and economic woes. It is the 6th government since the fall of Hosni Mubarak regime. Prime Minister El-Beblawy was appointed following the removal of elected Islamist president Mohamed Morsi […]
Egypt: terrorist attacks are waging against the interim government
Hisham Zaazou, the Egyptian minister of tourism has reacted to reports of threats that emerged on tweeter and linked to Jamaat Ansar Beit al-Maqdis that all tourists should leave the country before the 20 of February as bogus. He claimed that “well-respected media forums,” also questioned the claims because the terrorist group doesn’t use the […]
Egypt : Tourism industry gets another fatal bomb attack
A believed-to-be terrorist actwas carried out on Sunday when a bomb denoted inside or beside a tourist bus in Egypt’s Sinai headed to Israel. It has left at least two South Koreans and the Egyptian driver dead while 24 people were wounded. Reports of the two South Korean deaths were confirmed by the country’s foreign […]
Putin Supports al-Sisi’s Candidature for Egypt’s President
Russian President Vladimir Putin said he supported Egypt’s Field Marshall Abdul Fattah al-Sisi in his bid for presidency. Mr Sisi visited Moscow in order to discuss an arms deal while Mr Putin used the occasion to mention that he was “aware” of Sisi’s presidency bid. Cairo has not delivered an official statement on the issue. […]
Egypt/Russia: the Russian arms deal
On a two-day visit to Moscow, Egyptian army chief Field Marshal Abdel Fattah al-Sisi was on Wednesday accompanied by Foreign Minister Nabil Fahmy to seal a lucrative arms deal and discuss areas of cooperation “in multiple fields”. The US$2 billion arms deal will mainly be funded by Saudi Arabia and the UAE. The expected Russian […]









