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Vendors at tourist sites will continue to pay 50% rent until July
Rent reductions for vendors at tourist sites until June: The Supreme Council of Antiquities’ will extend the 50% reduction on…
Mandarin Oriental is coming to Egypt, Amazon is doubling delivery capacity, and Elevate Healthcare is linking up wtih Dar Al Handasah
Mandarin Oriental to manage Shepheard Hotel: Hong Kong-based luxury hotelier Mandarin Oriental Hotel Group signed an agreement to manage Downtown…
Occupancy rates at Egyptian hotels to rise by 19-29% this year -Colliers
Colliers International maintained its optimistic forecast for Egypt’s hotel occupancy in its January report on MENA hotels (pdf), with all…
CIB + NBE take further steps for financial inclusion
CIB will allow clients to open bank accounts without proof of income under a new type of account dubbed Bedaya…
Sharm El Sheikh: Radisson is coming for you
Radisson Hotel Group is eyeing a re-entry into Sharm El Sheikh as part of a plan to have 50 hotels…
Sahel is getting 1.3k new hotel rooms
Some 1.3k new hotel rooms are expected to be built in the North Coast, bringing the total number of hotel…
Colliers hikes hotel occupancy forecasts for Egypt in 2021
Colliers International has upped its full-year hotel occupancy forecast for Egypt in its August report on MENA hotels (pdf), with…
Also on our Radar on 28 July 2021
Tobacco and molasses manufacturing facilities have until the end of this year to legalize their status under a decision (pdf)…
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