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Meet the folks who’ll tuck King Tut in at night
A consortium of local and foreign companies led by Hassan Allam Holding has been awarded management rights for the Grand…
Also on our radar on 23 February 2021
Fawry intends to double its authorized capital to EGP 1 bn, according to documents submitted to the EGX picked up…
Tourism could face a three-year slog back to normality
Egypt’s tourism sector could be three years away from mounting a full recovery, according to Elhamy El Zayat, former chairman…
Hotel occupancy falls 60% in 2020
Look away: The final 2020 figures for Egypt’s hotel industry are in. Hotel occupancy in four of Egypt’s biggest tourist…
A handful of updates
There’s plenty of real estate news this morning: Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders have launched…
Also on our radar on 18 January 2021
TMG purchases 21 mn sqm of land for massive new capital development: Talaat Moustafa subsidiary the Arab Company for Projects…
Also on our radar on 24 December 2020
The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn loan to Al Dau al Haram…
Also on our radar on 9 December 2020
Financial inclusion must be supported by expanding access to digital communication technologies across Africa, CIB Non-Executive Chairman Sherif Samy said…
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