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Tripdizer raises USD 300k in seed round led by 500 Startups
STARTUP WATCH- Tripdizer has raised USD 300k in a seed round led by accelerator 500 Startups, reports Menabytes. The round…
Travco to sell Deutsche Hospitality group to China’s Huazhu in landmark USD 781 mn all-cash transaction
M&A WATCH- Travco to sell Deutsche Hospitality group to China’s Huazhu in landmark USD 781 mn all-cash transaction: Hamed El…
Egypt’s Misr Travel seeks EGP 150 mn loan from EBRD
The Holding Company for Tourism and Hotels subsidiary Misr Travel is in talks to borrow EGP 150 mn from the…
EasyJet to begin launching holiday packages to Egypt, operate Naples-Hurghada flights
EasyJet has announced that it will launch package holidays to Sharm El Sheikh and Hurghada for the first time in…
Last night’s talk shows for Wednesday, 6 November 2019
President Abdel Fattah El Sisi’s inauguration of several national projects in Sinai and Suez received a lot of attention from…
Will the Russians resume flights to Egyptian resorts?
Are the Ruskies going to follow the UK’s lead and finally resume flights to Sharm? A delegation of Russian officials…
Accor signs renovation and management contract for Sharm El Sheikh resort
Hospitality company Accor signed a renovation and management contract for the Promenade beach resort in Sharm El Sheikh, according to…
Egypt in the News on 4 November 2019
In the foreign press this morning: The UAE’s The National has a story that questions President Abdelfattah El Sisi’s suggestion…
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