Category: ECONOMY
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EgyptAir hosts a Greek media delegation to stimulate tourism
Captain Sherif Ezzat, EgyptAir airlines CEO, said during his meeting with the delegation that the company has ambitious plans to expand in the Greek market and increase frequencies to enhance its presence in this market. The company currently operates 14 weekly flights to Athens, two daily flights from Cairo International Airport, and two weekly flights…
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EBRD is studying financing five feed-in tariff projects in its 2nd phase
Heckman told Daily News Egypt that the bank refused to finance the first phase of the feed-in tariff projects due to the domestic arbitration clause, as they wished it to be outside Egypt. According to Heckman, EBRD is planning to inject investments worth €1bn in Egypt during the current year. She explained that most of…
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Egypt, Russia to finalise contracts for Dabaa nuclear plant within two months
Government sources said that Egyptian and Russian officials are meeting daily, in presence of the technical advisor for the project, WorleyParsons, and the legal adviser, Shearman & Sterling, to finalise the rest of the contracts. The sources added that the two parties expect the contracts to be ready within two months. After the draft is…
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Trade exchange between Greece and Egypt reached €1.3bn: Pantelis Gassios
Around 15 Greek food companies exhibited their products in the Greek Rowing Club, located in Giza, which included olives, olive oil, honey, cheese, packed products, and other goods. To learn more about the current state of Greek-Egyptian economic relations, Daily News Egypt took the opportunity to meet the counsellor for economics and commercial affairs at…