Orascom Investment, Qatari Diar Eye Potential Partnership

Egypt's Orascom Investment Holding (OIH) is in talks with Qatari Diar Real Estate Investment Company for a potential deal, after conducting several feasibility studies of different investment opportunities at the ...

Majid Al Futtaim’s Investments in Egypt Hit USD 2.6 bn

Abdullah Al Nokrashy, regional manager of UAE's retail developer Majid Al Futtaim, has revealed that the group's total investments in Egypt stand at USD 2.6 bn (EGP 41.95 bn)

ALDAU Development Restores Hyatt Hotel Brand to Egypt

Egypt's property developer ALDAU Development has entered into a franchise agreement with an affiliate to Hyatt Hotels Corporation for a Hyatt-branded hotel in west Cairo, marking the return of the hospitality bran ...

PM Opens New Investor Service Center in Minya

Prime Minister Mostafa Madbouly inaugurated on September 7 the Investor Service Center (ISC) in Minya, endeavoring to eliminate the bottlenecks investors face when starting up new businesses.

UAE’s Aldar Properties Mulls Investments in Egypt

Abu Dhabi's listed real estate developer Aldar Properties seeks to tap into Egypt's housing market, as part of its regional expansion plans.

New Steigenberger Hotel Opens in North Egypt

Steigenberger Hotels and Resorts, Deutsche Hospitality’s luxury brand, continues to expand its portfolio with the opening of a new lavish hotel in Ras El Bar, North Egypt, offering “a truly stunning setting right ...

Sunset Hospitality Plans to Enter Saudi, UK Markets

Leading hospitality investment and management firm Sunset Hospitality Group eyes tapping into the Saudi and UK markets in H2 2019, intending to open eight new venues before year-end.

Egypt Investment Map Phase II Kickstarts with 2,000 New Opportunities

Minister of Investment and International Cooperation Sahar Nasr uncovered on July 15 the second phase of Egypt’s investment map, adding up 2,000 new investment opportunities to the Egyptian market.

Samcrete Negotiates with 3 Foreign Firms to Run Pyramids Hospital 

Egypt-based Samcrete Development is currently negotiating with three international firms to run Pyramids Hospital in 6th of October City, west Cairo, with the company's name will be announced before year-end

Global Pioneers Starts Constructing EGP 750 mn Mall in NAC

Global Pioneers Real Estate Investment, an affiliate to UAE-based Pioneer International Group, has begun the construction of the first commercial center in MU23 district at the New Administrative Capital (NAC), at ...

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