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Also on our Radar on 31 March 2021
Egypt-Sudan electricity link gets a boost: Siemens Energy was awarded a contract to build two grid stabilization stations in Sudan…
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…
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…
Also on our radar on 23 February 2021
Fawry intends to double its authorized capital to EGP 1 bn, according to documents submitted to the EGX picked up…
Tourism could face a three-year slog back to normality
Egypt’s tourism sector could be three years away from mounting a full recovery, according to Elhamy El Zayat, former chairman…
Hotel occupancy falls 60% in 2020
Look away: The final 2020 figures for Egypt’s hotel industry are in. Hotel occupancy in four of Egypt’s biggest tourist…
A handful of updates
There’s plenty of real estate news this morning: Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders have launched…
Also on our radar on 18 January 2021
TMG purchases 21 mn sqm of land for massive new capital development: Talaat Moustafa subsidiary the Arab Company for Projects…
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