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CIB hikes Premium CD to 18% ahead of CBE meeting
Good morning, friends. Although many of us are still mourning our loss and exit from the World Cup, it can’t…
Orascom Pyramids plans to raise Giza Plateau investment to EGP 2 bn
Plus: Korra Energi lands EGP 470.7 mn contract for GennVax’s Ain Sokhna vaccine plant
Egypt beating the odds, on course to 20 mn tourists this year
A structural flight to safety and the opening of the GEM are keeping the sector on track to comfortably eclipse…
Tourism Ministry ups charter flight incentives to USD 165 mn
Plus: Egypt and China expand currency swap agreement to CNY 30 bn
Alkan Holding to invest EGP 11 bn in Citadel Plaza hospitality expansion
Plus: QNB backs GlobalCorp with a EGP 3 bn for leasing
PickAlbatros files for Mövenpick Casablanca, its second Casablanca hotel buy in a month
The hospitality group has filed to acquire the 184-key hotel’s commercial and real estate assets from Casablanca-listed insurer Sanlam Morocco
The Tourism Development Authority reprices stalled Red Sea hotel plots
Lagging developers are blaming currency and cost headwinds for derailing their projects timelines
Andalusia Health gets a booster shot from Banque Misr
Plus: PickAlbatros revealed as buyer of EGP 3.8 bn Sahl Hasheesh asset
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