Egypt to build transport tunnels under Suez Canal in $8B project November 22, 2014

Egypt will use machines made by a German firm to bore at least four tunnels under the Suez Canal, part of an $8 billion project to expand the waterway that the government"...

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Central Banks Watch: Israel, Egypt, Hungary and Nigeria to Set Rates, BoJ to Release Minutes November 22, 2014

In the week of Thanksgiving Day celebrations in Japan and the US and GDP data releases from a few G10 as well as emerging economies, the central banks in focus will be those"......

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New Market Research Report: Health and Wellness Tourism in Egypt November 22, 2014

Health and wellness tourism has a value of EGP1.0 billion in 2013; up by 4% on the previous year.

Industry Prospects

The destination spa is expected to increase from being a EGP57 million industry, to EGP68 million...

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Egypt closes schools in Sinai November 22, 2014

Egypt has indefinitely shut schools in two border towns in northern Sinai as the army prepares to intensify a battle with Islamist militants that turned the daily trip to lessons into a "journey of death".


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