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Tender booklet for Grand Egyptian Museum management ready
A consortium of consultants overseeing a bidding war between companies hoping to manage the USD 1 bn Grand Egyptian Museum…
Egypt in the News on 11 July 2019
Planned lawsuit against Christie’s continues to top coverage: On an otherwise calm morning for Egypt in the foreign press, the…
Egyptian hotel market continues strong performance in 5M2019
Egyptian hotels saw their average revenue per available room (RevPAR) grow 24% y-o-y during the first five months of 2019,…
ODE sells 51% stake in Oberoi Zahra for USD 4 mn
Orascom Development Egypt (ODE) has sold its 51% stake in Oberoi Zahra, a Nile cruise floating boat, to a private…
Economic growth to remain stable over the coming two years -NBK
Economic growth to remain stable over the coming two years -NBK: Egypt’s economic growth is set to remain stable over…
Egypt’s new admin capital airport launches trial operations
Trial operations at the new administrative capital’s Capital International Airport are scheduled to begin tomorrow, sources from the Civil Aviation…
ODE to open two new Gouna hotels in coming months
Orascom Development Egypt (ODE) will open two new hotels in Red Sea resort town El Gouna in the coming few…
Iberia Airlines to launch direct Madrid-Cairo flights in March 2020
Spain’s Iberia Airlines will begin operating four direct flights a week between Madrid and Cairo from 2 March, 2020, the…
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