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Cairo’s hotel market on track to pre-2011 levels
Cairo’s hotel market appears to be on track to achieving pre-2011 occupancy levels, says Colliers International’s latest MENA Hotel Forecasts…
Speed Round
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New British companies looking to invest in Egypt, says UK ambassador
Several new British companies are looking to enter the Egyptian market with new investments, having been encouraged by the country’s…
EFSA approved NAD acquisition of Egypco
M&A Watch- The Egyptian Financial Supervisory Authority (EFSA) has approved a mandatory tender offer by Saudi outfit NAD Development &…
Belarus’s MAZ bids on EUR 9 mn auto factory in Egypt, Amkodor in talks over utility vehicles plant
Belarus’s MAZ bids on EUR 9 mn auto factory in Egypt: Belarusian automaker MAZ could be launching a new factory…
Contractors want state to include fuel and energy prices hikes under compensation act
Contractors want state to include new fuel and electricity price hikes under Contractors Compensation Act: Contractors are requesting that the…
Supply Ministry to amend wheat milling system
The Supply Ministry is looking to revert back to an old wheat milling system that would allow it to give…
Oil Ministry to abandon FSRU next year
In a sign that we may be heading towards becoming an energy hub by 2018, the Oil Ministry is letting…
NTA signs MoU with Canada’s Bombardier to begin feasibility studies for Cairo Metro’s Line 6
NTA signs USD 4 bn MoU with Bombardier for development of Metro’s Line 6: The National Tunnels Authority (NTA) signed…
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