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Hilton to triple its presence in Egypt with 25 new hotels in the pipeline
The company wants to bring its portfolio up to 40 hotels in a matter of years
Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids
The businessman is also planning an IPO for his real estate development company
Saudi’s Al Mousa Cables eyes Egypt expansion with EUR 50 mn factory. PLUS: World Bank, African Development Bank, Eva Pharma, Beach Safari
The first phase of the project is set to begin operating in mid-2025
Abu Qir Fertizers’ looks to green hydrogen to help power ammonia plant. PLUS: Exxon Mobil, Instapay, Egypt Post, Abu Auf, Ezz Elarab,
The 12-month project is also expected to up production 100 tons to 1.2k tons a day
Baron to invest EGP 3 bn in five local hotels and Zanzibar expansion by 2026: PLUS: EFG Hermes + Maarif Education, Compass Capital + CI Capital, Green Coast, Edafa, Orascom Pyramids Entertainment, Bank NXT + Mindgate Solutions
The group is heading to Tanzania in 2025 with its first hotel outside Egypt that will house 150 suites
Jade Textile eyes three new factories for USD 180 mn. PLUS: Giza Spinning and Weaving, DHL, Ebda, Ashry Steel, Ecole Ducasse, Shell, SIAC, E-finance
The company is planning to double its production capacity with the investment
Al Mashat meets with EU delegation to discuss unlocking EUR 1.8 bn investment guarantee mechanism
The investment guarantees were first announced back in March as part of the bloc’s EUR 7.4 bn aid package for…
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
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