Category: ECONOMY
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Egypt Plans to Implement ‘Electronic Visa Application System’ to Attract More Tourists
In a step that aims to facilitate visa procedures to tourists, Egypt’s Interior Minister Magdy Abdel-Ghaffar met with Telecommunication Minister Yasser Al-Qady to discuss the development of a new system that will allow issuance of electronic visas. The step is expected to positively affect the tourism sector and the rate of incoming tourists to Egypt,…
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2nd Delphi Economic Forum: New strategic equation in eastern Med
The speakers at the 2nd Delphi Economic Forum expressed reserved optimism over the possibility of a solution to the Cyprus issue even in the long term as well as over the energy reserves found in the eastern Mediterranean. The panel on the ?new strategic equation in eastern Mediterranean? was held with the participation of Nadia Arbatova,…
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Egypt to increase visa fees for incoming tourists by 140%
Tourists will have to pay $60 for their entry visa to Egypt, compared to the previous $25 for single entry and $70 for multiple entry visas, Egyptian airport officials said. They also added that banks and travel and tour agencies have received notifications from the Ministry of Foreign Affairs regarding the new price, which will…
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Egypt Heads Project to Connect 10 African Countries through Nile Shipping Line
By 2024, a 4,000 kilometers waterway will connect ten African countries, stretching between Lake Victoria and the Mediterranean Sea. An Egypt-led project, the navigational shipping line is to be established along the Nile River for small and medium-size commercial vessels to boost bilateral trade. Egyptian Minister of Water and Irrigation Moahmed Abdel Aty announced the completion of an annual…