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Fintech in Egypt has the potential to boom
A deep dive into the state of fintech in Egypt: Egypt’s burgeoning fintech scene could spur growth by helping bring…
UAE’s Al Fahim and Zurich Capital to invest USD mn in Egypt
INVESTMENT WATCH- UAE’s Al Fahim, Zurich Capital to invest USD 500 mn in Egypt: The UAE’s Al Fahim Group will…
Egypt’s HHD plans to auction 190-feddan in Heliopolis as part of sell off plan
Heliopolis Housing and Development (HHD) is planning to auction another land plot in Heliopolis as part of its plans to…
Earnings watch: Qalaa Holdings reports EGP 1.35 bn net profit in 2018
EARNINGS WATCH- Qalaa Holdings has reported a net profit of EGP 1.35 bn in 2018, compared to a loss of…
Central Bank of Egypt, EBRD look to set up new entity to settle gov’t bonds
The Central Bank of Egypt and the European Bank for Reconstruction and Development (EBRD) are looking into setting up a…
Egypt’s Albatros, Germany’s Phoenix to build new EGP 850 mn Hurghada hotel
Albatross Holding’s hotel management arm Pick Albatros has partnered with Germany-based travel agency Phoenix Reisen to build a five-star hotel…
Jaz to inaugurate three new hotels in Egypt’s Hurghada, Marsa Alam this summer
Travco hospitality arm Jaz Hotel Group will inaugurate this summer two new hotels in Hurghada and a third in Marsa…
S&P gives its two cents on Egypt’s post-IMF landscape during Q&A
EXCLUSIVE- S&P’s two cents on Egypt’s post-IMF landscape: Egypt has begun to see the “small green shoots of recovery” but…
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