Section: Daily News Egypt (Egypt)
Only 503,000 tourists visited Egypt in August 2016: CAPMAS
The number of tourist arrivals from all countries reached 503,000 during August 2016 compared to 915,200 tourists during August 2015, a decrease of 45%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). CAPMAS stated in its monthly bulletin, issued this week, that the most important countries that influenced the...
41.9% decrease in tourist arrivals in July: CAPMAS
The number of tourists who travelled to Egypt in July was 529,200 tourists—a 41.9% decline year-over-year (y-o-y), compared to July 2015, according the Central Agency for Public Mobilisation and Statistics (CAPMAS). The agency explained in its monthly bulletin on the tourism sector, issued on Monday, that the low number of tourists who travelled...
FIATA World Congress 2016 to announce winner of Young International Freight Forwarder on 5 October
FIATA World Congress 2016 will announce the winner of “The Young International Freight Forwarder of the Year Award” at the opening ceremony of the congress in Dublin on 5 October. FIATA is a non-governmental organisation, and represents an industry covering approximately 40,000 forwarding and logistics firms, also known as the Architects of...
Egypt’s Red Sea gem: Sharm El-Sheikh grappling with tourism decline
The number of tourists visiting Egypt declined significantly following the crash of the Russian aeroplane in Sinai in late October 2015, which had a heavy negative impact on the Red Sea resort city of Sharm El-Sheikh. The city, once the country’s tourism gem on Sinai’s Red Sea coast, has had to adjust to a significantly lower number...
Supply Ministry purchases 300,000 tonnes of Russian, Romanian wheat
The Ministry of Supply has announced the purchase of 300,000 tonnes of Russian and Romanian wheat in the second global tender in the new fiscal year budget. The tender, in which several local and international companies participated, was held by the General Authority for Supply Commodities (GASC). The purchase was completed at an average price of...
Russia uses the law to put pressure on internet users
More and more people in Russia are being given jail sentences for controversial posts on the internet. Simply questioning the annexation of Crimea is enough to lead to charges. Now, laws have been tightened once again. In Russia, the internet was once seen as the last refuge of free speech. As the state’s grip on television tightened and...
Drastic drop in Sharm el-Sheikh tourism after crash of Russian jet
After a plane carrying Russian holidaymakers crashed from the sky last month, tour operators rushed to evacuate tourists and suspended flights. Naomi Conrad reports from a town desperately hoping for a tourism revival. On a balmy evening in Sharm el-Sheikh, Ali despondently surveyed his tiny, mirror-lined shop, its shelves neatly stacked with...
Angela Merkel marks ten years as Germany’s first female Chancellor
As German Chancellor Angela Merkel celebrates 10 years as the country’s political leader, domestic and international media have mused over her decennial tour de force. Her legacy is still unfolding. Precisely 10 years ago, a 51-year-old conservative politician took the helm of Europe’s largest economy and most populous country,...
Playing with fire in Donbass
Most tanks have apparently been withdrawn from the buffer zone in eastern Ukraine but not the heavy artillery, complains the OSCE. The truce is still on shaky ground. DW’s Frank Hofmann reports from Kyiv. Eastern Ukraine is far from Kyiv: there, barely anyone has witnessed the disputes that observers of the Organization for Security and...
Oriental weavers facing challenges of local currency and Euro depreciation: Khamis
By Mohamed Ahmed Oriental Weavers Company recently faced a number of challenges due to the lack in foreign currency and the euro depreciation against the dollar, which affected sales in Europe, said Oriental Weaver’s CEO Mohamed Farid Khamis. The foreign currency deficit continues to cause decline in Oriental Weavers’ revenues; during...
