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Accor wants to operate 22 new hotels in Egypt
PLUS- UAE-based Gewan Hotels wants to expand its footprint in Egypt
Qatar’s Retaj Hotels to manage EGP 2 bn new capital hotel
PLUS- A suitor for Ascom’s Glassrock?
IHG Hotels, Jadeer to set up 120-key hotel in New Cairo
PLUS- CPC Industrial Development Company will build a new 1.2 mn sqm industrial zone in Sadat City
Cabinet mulls fresh incentives to boost hotel room capacity
The new exemptions apply only to hotel facilities and have nothing to do with tourist establishments
Gov’t is looking to increase tourism revenues to USD 24 bn by FY 2028-29
The figure marks a 40% increase from the USD 16.7 bn recorded in the last fiscal year
Orascom Investment Holding completes its acquisition of Misr for Entertainment Investments
PLUS- China’s Haiyan Ximei will invest USD 10 mn to develop a project to manufacture packaging and printing materials for…
Emaar Misr, Citystars to develop a EGP 900 bn Marassi on the Red Sea
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast
Arabia Developments to invest up to EGP 30 bn in hospitality sector
The developer wants to set up 2k hotel rooms and serviced apartments by 2029
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