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Infrastructure 
EBRD earmarks USD 100-200 mn for acquisition, development of Egyptian hotels
The European Bank for Reconstruction and Development earmarked USD 100-200 mn to fund hotel acquisitions and development projects in Egypt,…
Egypt’s tourism sector is robust, and won’t be greatly impacted by Thomas Cook closure, says Tourism Minister
Egypt’s tourism sector is robust enough to absorb the shock of Thomas Cook’s liquidation, says Al Mashat: The recent liquidation…
Grand Egyptian Museum open for management tender bids until December
Companies bidding for the tender to manage the Grand Egyptian Museum (GEM) will need to submit their final bids by…
Tourist arrivals to hit pre-revolution levels next month
Egypt’s tourist arrivals to hit pre-revolution levels next month: The number of tourist arrivals in Egypt should reach the same…
Mohamed Ali pledges to unify opposition groups against gov’t
Egypt’s most notorious YouTuber is back in the headlines: Mohamed Ali — ex-army contractor, chain smoker, and attempted revolutionary —…
Egypt’s Red Sea hotels’ occupancy rate reaches 75% this year
The occupancy rate at Red Sea hotels is at 75% so far this year, up from 65% last year, head…
Thomas Cook’s debt to Egypt hit EUR 14 mn
Liquidated British tour operator Thomas Cook’s debt to Egypt is at EUR 14 mn, half of which are owed to…
Egypt's Tharaa mulls cooperation with Oman Investment Fund
Tharaa mulls cooperation with Oman Investment Fund: Egyptian sovereign wealth fund Tharaa is in talks with the Oman Investment Fund…
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