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Egypt accounts for 25% of new hotels planned in Africa
Egypt has the deepest pipeline of hotel developments in Africa, according to the latest survey of 42 African developers by…
Cabinet gives final approval on Income Tax Act amendments
Ministers green-lit a number of decisions at yesterday’s cabinet meeting, including amendments to the Income Tax Act and the date…
Vendors at tourist sites will continue to pay 50% rent until July
Rent reductions for vendors at tourist sites until June: The Supreme Council of Antiquities’ will extend the 50% reduction on…
Mandarin Oriental is coming to Egypt, Amazon is doubling delivery capacity, and Elevate Healthcare is linking up wtih Dar Al Handasah
Mandarin Oriental to manage Shepheard Hotel: Hong Kong-based luxury hotelier Mandarin Oriental Hotel Group signed an agreement to manage Downtown…
Occupancy rates at Egyptian hotels to rise by 19-29% this year -Colliers
Colliers International maintained its optimistic forecast for Egypt’s hotel occupancy in its January report on MENA hotels (pdf), with all…
CIB + NBE take further steps for financial inclusion
CIB will allow clients to open bank accounts without proof of income under a new type of account dubbed Bedaya…
Sharm El Sheikh: Radisson is coming for you
Radisson Hotel Group is eyeing a re-entry into Sharm El Sheikh as part of a plan to have 50 hotels…
Sahel is getting 1.3k new hotel rooms
Some 1.3k new hotel rooms are expected to be built in the North Coast, bringing the total number of hotel…
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