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Government readies land transfer, following arrival of final tranche of Ras El Hekma funds
The state will transfer the land “in the coming days,” cabinet spokesman Mohamed El Homsani said
Our hidden gems may not stay hidden for long
Egypt’s upscale tourism once again catches the attention of the int’l press, with the Financial Times out with a piece…
Raya Contact Center’s board greenlights full acquisition of Gulf CX. PLUS: Oxy Egypt’s UAE expansion, new private freezone plans, Ras El Hekma marina greenlit
Raya CX acquired an 85% stake in the company in 2021
EGP float jumpstarts Cairo’s real estate market in Q1 2024
The EGP float has reignited investor confidence and provided developers with clarity on pricing
Gov’t mulls subsidized loan program for hospitality players to boost hotel room capacity
The initiative will offer investors subsidized loans at a 12% interest rate
THIS AFTERNOON: Tourism + finance ministries to launch subsidized financing initiatives for hospitality investors
Good afternoon, folks, and happy Sunday. It’s a relatively slow start to the week as far as the local news…
Italian energy giant Eni slows down Egypt operations. PLUS: More incoming LNG shipments, foreign funding for high-speed rail, Hassan Allam + Siemens land GCC railway project, new Nobu project
Eni had announced as recently as September its intention to invest USD 7.7 bn with its partners in Egypt over…
Growing Gulf investor interest in Egypt is catching the attention of the international press
Both the UAE and Saudi Arabia have reportedly shown interest in the stake sale of Egypt’s military-built petrol station chain…
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