Real estate developer Barons Court is planning to build a new hotel at flagship development Alex West with investments ranging from EGP 250-300 mn, Managing Director Hisham Akram says, according to Al Masry Al Youm. The company is looking for partners to build its 250-room facility, which it hopes to have up and running by 2021, under international company management.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…