Arab country aims to increase hotel capacity to accomodate more guests. Exchange rate decision from Russia, a country that sends out many tourists to Egypt, is expected to contribute to tourism.
Author: Omar Assi
Document was launched by the Egyptian Exporters Association, ExpoLink. The Arab Brazilian Chamber of Commerce participated in the celebrations of the silver jubilee of the association.
The UAE announced Razan Al Mubarak, current president of the International Union for Conservation of Nature, as the climate change high-level champion from the COP28 Presidency.
The Egyptian government is entering a new phase of rationalizing expenses, postponing new projects budgeted in dollars, and spending solely on essential needs.
The Central Bank of Egypt confirms that the banking system has played an effective role in releasing goods in ports worth about USD 5 billion since the beginning of this month, to meet the needs of the market.
This week, a trade mission with 43 companies from Egypt took place in Saudi Arabia. The Saudi market accounts for 7.5% of Egypt’s food exports.
Egyptian institutions are working in partnership with a German agency on the project. The country seeks to increase its share in worldwide trade in the sector.
Brazil had a pavilion at the show in Egypt with seven companies marketing coffee, poultry and beef, confectionery goods, and supermarket supplies. The space was very popular in the show.
At an investment conference in Cairo, the secretary-general of the Arab Brazilian Chamber, Tamer Mansour, spoke about Egypt’s potential to attract Brazilian investment.
The Egyptian Customs Authority and the Arab Brazilian Chamber of Commerce signed a memorandum to implement an electronic system in trade between Brazil and Egypt.
The government announced benefits for fans traveling to Qatar to also visit Egypt, including visa fee waivers and hotel discounts.
An executive from the Qatar Cup Supreme Committee for Delivery & Legacy told ANBA which initiatives the Arab country implemented to upgrade this competition in terms of sustainability.
The Egyptian government penned agreements during the COP27 to establish projects in the Suez Canal Economic Zone with local and international firms.
The Islamic Development Bank and the Arab Coordination Group have contibuted to funds which could grant USD 24 billion by 2030 to support environmental initiatives. The CEO of a corporation affiliated with the bank spoke with ANBA at COP27.
