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The Cairo Citadel opens up another wing
Opening up the additional area in the citadel comes as part of an effort by the ministry to promote short…
Non-oil private sector remains in contraction as inflation weighs on demand, dims business confidence
Egypt’s PMI fell to a three-month low of 48.1 from 48.5 in December
Egypt hits an all-time high record for tourists
Good morning, friends, and happy Friday. We hope this first full week of 2024 has been brisk and the weekend…
Egypt’s first medical and health resort is on the way
The EGP 1.5 bn resort — dubbed the Naya Wellness Resort — will provide some 4.5k job opportunities
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
Abu Dhabi government-backed hotel group plans USD 170 mn investment in three Egyptian hotels
Abu Dhabi Tourism Investment Company has allocated USD 80 mn to build a new hotel under the brand Sofitel Legend,…
Cabinet greenlights incentives for hospitality players
Hotel companies can receive up to EGP 2 bn to increase their hotel room capacity
A slower morning in the foreign press amid lull in election, Gaza news
This morning in the foreign press: We’ve hit a domestic news lull uncharacteristic of late, as authorities continue the vote…
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