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Also on our radar on 24 December 2020
The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn loan to Al Dau al Haram…
Also on our radar on 9 December 2020
Financial inclusion must be supported by expanding access to digital communication technologies across Africa, CIB Non-Executive Chairman Sherif Samy said…
Hotels nationwide to see a rebound in visitors in 2021
Hotels across Egypt are set to see a rebound in visitors in 2021 as the effects of the global pandemic…
Hotel occupancy rates fall sharply due to pandemic
Hotel occupancy rates in Cairo nosedived 67% y-o-y so far this year amid the pandemic-induced slump in tourism, according to…
What we’re tracking on 17 November 2020
Good morning, friends. You know the end of the year is upon us when (a) Gourmet starts playing Christmas muzak,…
Raft of new investments bodes well for short-term recovery
INVESTMENT WATCH- A run of news that suggests we’re turning a corner? In a stark contrast this summer’s news of…
Egypt in the News on 12 November 2020
Coverage on Egypt in the foreign press is mixed again this morning: The New York Times looks at Egypt’s response…
Hotel occupancy in Egypt to rise next year -Colliers
Hotel occupancy rates in Cairo, Sharm El Sheikh, Hurghada, and Alexandria could rise 43-56% y-o-y in 2021, Colliers International says…
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