Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Marriott to open new Downtown hotel. PLUS: News from Infinity, Azimut, Arco, Madinet Masr
The hotel, set to open in 2029, will be within close proximity to Tahrir Square, the Egyptian Museum, and the…
UAE’s Beeah to invest USD 136 mn in Egypt. PLUS: News from BP, Lionsbridge, Tourism Ministry
The firm was tapped in December to develop the solid waste management infrastructure in the new capital
El Gouna becomes Egypt’s largest operator of private marinas. PLUS: Vortex Energy portfolio company Ignis Energia + KKR to produce green hydrogen, ammonia
The daily spend of those visiting Egypt via yachts is 94% more than the average tourist
China’s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025
The investments will go towards increasing container capacity at various Egyptian ports
Government rejects proposal to hike the price of subsidized sugar. PLUS: HSBC + Juhayna, Nokia, Samih Sawiris’ FTI Touristik, EgyptAir, Podcast Productions
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
Fresh tourism incentives ahead?
Good morning, friends. After a couple of busy days, the news flow has slowed down a little bit this morning.…
THIS EVENING: Fresh incentives coming for tourism facilities + projects
Good afternoon, folks, and happy Monday. The news cycle here at home is as lethargic as we are on this…
War in Gaza could cost Egypt up to USD 20 bn, UNDP estimates
Suez Canal and tourism revenues are expected to take a big hit
Something went wrong. Please refresh the page and/or try again.