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Mövenpick is heading to Sheikh Zayed with new 220-room hotel
The Mövenpick Cairo West will open in 2028
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…
Take your pick of 54 new hotels in Egypt
We currently have 54 new hotels in development across Egypt, which will add a combined 16k new rooms by 2023,…
Abu Dhabi Touristic Investment Co. to develop, modernize its hotels in Egypt
The Abu Dhabi Touristic Investment Company (ADTIC) is planning to use the current covid-induced low occupancy period to revamp and…
Media Production City acquires 64.7% of Arab Contractor’s stake in Arab Hotel Company
M&A WATCH- Media Production City acquires 64.7% stake in Arab Hotel Company from Arab Contractors subsidiaries: Six Arab Contractors subsidiaries…
Accor signs agreement to manage Movenpick Port Ghalib
Hotel group Accor has signed an agreement with Port Ghalib Resorts company to manage the new Movenpick Port Ghalib, Arabian…