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As the Sahel summer winds down, the Red Sea is just getting started. Say hello to Somabay, a year-round seaside escape where tranquil waters, world-class diving, kitesurfing, golf, and wellness come together in one breathtaking destination. This September, it also hosts the ITF World Tennis Tour, bringing world-class tennis to the coast. Somabay is the […]
Author Archives: enterpriseam admin
Posted inInvestment Watch
Egyptian-Saudi consortium mulls USD 1 bn Downtown Cairo redevelopment
The consortium includes Saudi’s Sumou Holding and its subsidiary Adeer International and local players Midar and Hassan Allam
Posted inEnergy
Chevron, Leviathan partners ink USD 610 mn agreement to begin delayed Nitzana pipeline construction
The project has been plagued by delays due to volume allocation and cost burden disagreements
Posted inCabinet watch
Cabinet mulls fresh incentives to boost hotel room capacity
The new exemptions apply only to hotel facilities and have nothing to do with tourist establishments
Posted inRENEWABLES
Infinity, Masdar reach financial close on 200 MW Ras Ghareb wind farm
Construction is set to begin within weeks
Posted inEGYPT IN THE NEWS
A stolen ancient Egyptian gold bracelet catches the international press’ attention
The bracelet disappeared from the Egyptian Museum’s restoration lab