RED Summit’s10th Edition Kicks off in March

The 10th Edition Real Estate Development Summit is set to take place on March 29th and 30th, 2022 at the Royal Maxim Palace Kempinski in Cairo, Egypt, Invest-Gate reports.

Tatweer Misr Wins Outstanding Contribution to Entrepreneurship Award

Egypt-based real estate developer Tatweer Misr has received Entrepreneur Middle East’s Enterprise Agility Awards 2020, in recognition of its "Outstanding Contribution to Entrepreneurship."

Egypt’s Long-Term External Debt Records Increasing

Egypt’s long-term external debt increased in 2019 to USD 90.6 bn- up from the USD 80.6 bn recorded in 2018 - with USD90.3 bn of this debt acquired by the public sector, according to the World Bank’s international ...

Elsewedy Electric Among Forbes’ 100 Top Mideast Companies in 2020

Egypt-based Elsewedy Electric has been recognized among the top 100 companies in the Middle East by Forbes, due to its sector-based contribution to significantly boost local economic growth.

PepsiCo. Egypt Plans to Pump Up to USD 515 mn by 2021

Chairman and CEO of PepsiCo. Egypt Mohamed Shelbaya has asserted the company’s commitment to pump new investments in the Egyptian market up to USD 515 mn from 2018 till 2021, including USD 100 mn in 2020 only.

InterContinental Eyes Tunisia Debut, Expansion in Egypt

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, is planning to further expand its presence in Egypt and set foot into Tunisia as tourism in both North African countries recovers.

Morocco’s Real Estate Market Slows Down in 2019

Morocco's real estate sector, or the second-largest job provider sector in the North African country, is facing a slow down during the current year amid a notable economic downturn.

Egyptian Construction Market Leads Africa in 2018: Deloitte

The latest edition of Deloitte's Africa Construction Trends report has indicated that Egypt leads Africa in the number and value of construction projects within a single country in 2018, scoring 9.5% of the total ...

Hilton, Alshaya Group Partner for 70 Hampton by Hilton Hotels

Hilton and Alshaya Group announced on July 31 the exclusive signing of a master development agreement to launch and develop 70 Hampton by Hilton hotels in nine countries, most of which will be in the Middle East, ...

Oryx Industries Pumps Investments worth USD 76 mn into GCC, North Africa, 2020

Oryx Industries, a UAE-based building materials manufacturer, is to pump investments worth AED 280 mn into the Arab Gulf and North Africa regions until 2020, Invest-Gate reports.  

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