Builders of Egypt 2019 Braces Developing Exports for More Investments

Prime Minister Mostafa Madbouly inaugurated on June 16 the fifth edition of Builders of Egypt forum, under the rubric "Exporting Egypt’s Real Estate and Contracting Services: A New Future of Investments," with mor ...

Hassan Allam Holding Buys Majority Stake in Bioworks

Egypt's Hassan Allam Holding (HAH) has acquired a majority stake in German Bioworks AG, a global player in water and wastewater technology, representing a major extension to the former’s offerings and a pivotal ex ...

Hilton Plans for 100 Hotel Openings in MENA by 2023

Hilton expects to open 100 hotels across the MENA region by 2023, mainly in UAE, Saudi Arabia, Kuwait, Bahrain, Morocco, and Egypt.

Eight Russian Firms to Operate in Russian Industrial Zone

Eight Russian companies signed on February 20 memorandum of understandings (MoUs) with Andrey Slepnev, director general of the Russian Export Center, in the attendance of Chairman of Egypt's Suez Canal Authority a ...

Egypt’s Tourism Industry to Upturn in 2019

Colliers International MENA Hotel Forecast for 2019 has uncovered that Egypt's tourism industry will witness a boom this year, forecasting the Red Sea resorts of Hurghada and Sharm El Sheikh to become tourist hot ...

UAE Banks Invest AED 47.2 bn in Egypt in Q3 2018

The investment of UAE’s banks in Egypt reached AED 47.2 bn at the end of Q3 2018, logging a higher amount than those pumped into Saudi Arabia - which are estimated at AED 40 bn.

Savills Appoints New Country Head to Lead its Launch in Egypt

International property advisor Savills has kicked off its operations in Egypt and appointed Catesby Langer-Paget as the new head of Egypt, aiming to expand "its regional presence into Egypt at a time where an infl ...

MENA Deal Value Hike 105% in Q3 2018: EY

Consultancy firm EY said in its latest report that the value of merger and acquisition (M&A) deals with disclosed value in the MENA region surged by 105% YoY to USD 10 bn in Q3 of 2018 from USD 4.9 bn in the year- ...

Tourism Ministry Opens Egypt’s Pavilion at London’s World Travel Market

Minister of Tourism Rania Al Mashat has announced the opening of Egypt's pavilion at the World Travel Market (WTM) in London, attempting to provide visitors with "an immersive glimpse of what the country has to of ...

Modus Capital Launches its First Operations Branch in Egypt

New York-based Modus Capital, an entrepreneurial development and investment fund, officially launched its operations branch in Egypt on November 7

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