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Also on our radar on 11 March 2021
Hilton Hotels will open nine new properties in Egypt in the coming five years, adding another 1.7k rooms to its…
Also on our radar on 8 March 2021
Winter tourism looks like it’s picking up: Emirates is operating a second daily A380 flight(pdf) between Dubai and Cairo as…
CI Capital rejects Banque Misr’s offer price
CI Capital has rejected an offer by Banque Misr to acquire a 90% stake in the company. The state-owned bank…
Meet the folks who’ll tuck King Tut in at night
A consortium of local and foreign companies led by Hassan Allam Holding has been awarded management rights for the Grand…
Mi casa es su casa
Some 7k new hotel rooms are expected to be added to Egypt’s hospitality sector by 2023 as disruptions inflicted by…
Also on our radar on 2 March 2021
Sales by private sector pharma players in Egypt grew 14% y-o-y in January to hit EGP 6.75 bn, Souq Al…
Beijing’s vaccine diplomacy is good news for Egypt
China is sending us a second gift shipment of another 300k Sinopharm vaccines “soon,” China’s ambassador to Cairo said at…
What the markets are doing on 1 March 2021
Time for OPEC+ to reverse production cuts? With global demand for oil surging and supply rapidly tightening, observers are urging…
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