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Infrastructure 
NBE, BdC arrange EGP 3 bn to EgyptAir
The National Bank of Egypt (NBE) will provide EGP 1.8 bn of a 10-year, EGP 3 bn loan to EgyptAir…
First post-covid EasyJet flight landed in Hurghada last week
Passengers on the first EasyJet flight to Hurghada since the pandemic began were given a grand reception on Wednesday after…
Hilton to open in Ain Sokhna in 2024
Misr Italia Properties will deliver the first phase of the EGP 2.4 bn Kai Sokhna real estate project this November,…
Health, financial services among four new sub-funds announced by Sovereign Fund of Egypt
The Sovereign Fund of Egypt (SFE) has set up four sub-funds covering healthcare, financial services, tourism and real estate, and…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
Land reclamation, Fairmont case top stories on Ahmed Moussa’s talk show
The word on the street is that Lamees El Hadidi won’t be returning to our screens on Al Hadath this…
What we’re tracking on 1 September 2020
Welcome to September, ladies and gentlemen, and with it the promise of (slightly) cooler days, a return to school for…
Egypt’s reliance on tourism weighs on economic vulnerability -report
Egypt’s economy faces “intermediate risk” from covid because of its reliance on tourism, the European Investment Bank (EIB) said in…
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