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
SODIC Named “Leading Corporate for Investor Relations in Egypt”
Sixth of October Development and Investment Company (SODIC) has been named "Leading Corporate for Investor Relations in Egypt" by the Middle East Investor Relations Association (MEIRA) for the second consecutive y ...
Tatweer Misr Sponsors Students Participating in Shell Eco-Marathon
Egypt's real estate developer Tatweer Misr inked a deal with Cairo University's Faculty of Engineering to sponsor students participating in the Shell Eco-Marathon Asia Competition in Thailand
