by Asharq Al-Awsat | Jun 11, 2015 | Middle East
Cairo, Reuters—A suicide bomber blew himself up near the ancient Egyptian Karnak Temple in the southern city of Luxor on Wednesday, security sources said, a possible sign that Islamist militants are shifting focus to try to derail Egypt’s economic recovery....
by Asharq Al-Awsat | May 15, 2014 | Business
Cairo, Asharq Al-Awsat—EgyptAir may suffer losses of up to 10 billion Egyptian pounds (1.4 billion US dollars) this year, according to the chairman of the airline’s parent company. Speaking during a news conference held by the Ministry of Aviation and attended by...
by Asharq Al-Awsat | May 4, 2014 | Business
Dubai, Reuters—Egypt’s tourism minister on Sunday announced ambitious plans to try to revive the country’s tourism sector, in distress after years of political turbulence. Government data showed last month that tourism revenue dropped 43 percent to 1.3...
by Asharq Al-Awsat | Jan 21, 2014 | Business
Cairo, Reuters—Egypt’s tourism revenue sank by 41 percent to 5.9 billion US dollars in 2013 in comparison with a year earlier, Tourism Minister Hisham Zaazou said on Tuesday, a further sign of pressure on one of Egypt’s main sources of foreign currency....
by Mohamed Abdu Hassanein | Dec 20, 2013 | Lifestyle & Culture
Cairo, Asharq Al-Awsat—“How things change . . . can it really be that the sophisticated Zamalek district is turning into a den for smoking shisha?! God’s curse be upon those corrupting Egypt with this smoke,” exclaimed Dr. Mohamed Badrawi, a resident of the exclusive...