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Al Ismaelia to complete two new Downtown hotels by 2025. PLUS: EGPC goes solar, CIB + Ostuka, NoorNation + KBW Ventures, Radwan, Rowan university heads to the NAC
The projects will add a combined 120 units to the area’s hotel capacity
Al Ismaelia to help expand Downtown Cairo’s hotel capacity
Good afternoon, all, and happy almost-Thursday. We have started counting down to one of the last weekends of this summer…
GASC is still after its big wheat purchase. PLUS: News from Eroglu Holding, Kima, Concrete Plus, Easy Lease
The fresh wheat buy could cost us around USD 248 a ton
TMG Holding, Contact Financial, Fawry report earnings
TMG Holding’s net income saw a “remarkable” 308% y-o-y increase during 1H 2024
Competition for the world’s uber-wealthy is heating up as European parties clamp down on tax benefits
A record 128k mn’aires are forecast to relocate this year
Madinet Masr, Juhayna, Orascom Development report earnings
Madinet Masr saw its net income rise 149.4% y-o-y during the first half of the year
Multinationals face leaner times as China’s growth slows
Consumer confidence remains low amid job and real estate markets that still have not recovered from the covid-19 pandemic
Polaris Parks is set to invest EGP 5 bn in new industrial complexes. PLUS: News from Saudi Drilling & Exploration, Jade Textile, EEHC
The company is waiting for five plots to be allocated
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