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Egypt’s hotels to reopen from for domestic holiday makers from 15 May — under conditions
Gov’t to allow staycations from 15 May as it seeks relief for tourism sector: Hotels will be permitted to open…
CBE extends tourism support initiative with two-year soft loans
REGULATION WATCH- CBE extends its support to the tourism sector with two-year soft loans: The Central Bank of Egypt (CBE)…
EGOTH in talks with banks for EGP 400 mn loan to renovate Sofitel Winter Palace
The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with unnamed local banks for a EGP 400…
EGOTH, Saudi’s Al Sharif Group sign EGP 1.4 bn agreement to refurbish Shepheard Hotel
The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 1.4 bn 35-year contract with Saudi Arabia’s…
EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House
The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National…
Saudi HDG signs USD 450 mn agreement with Thrawaat to manage Swiss hotel brand
Egypt’s Thrawaat International Investment Corp has signed a USD 450 mn partnership contract with the Saudi Hospitality Development Group (HDG)…
Egypt may exempt state-affiliated, strategic factories from property tax
EXCLUSIVE- Gov’t mulling whether to give property tax exemptions to state-affiliated factories and private-sector companies in a handful of “strategic”…
Egypt’s Prime’s Group to set up 40 branded restaurants by 2023
Prime Hospitality is planning to open some 40 branches of different restaurant chains it owns over three years at a…
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