The 300-key voco North Coast is scheduled to open in December 2026
It will operate thrice-weekly nonstop services from Riyadh and Jeddah
The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030
The 283-key Hyatt Centric Cairo West will open in the capital’s Pyramids Heights Business Park
The change in the brand name will not impact the current management structure and reporting lines, day-to-day operations, or the level of support and cross-selling that will continue between the group’s three verticals
The programme allows companies to monetise their receivables at competitive rates and get instant payments, without needing to borrow funds
The group recorded a 129 per cent year-on-year rise in revenue to EGP4.5bn in Q1 2023
The InterContinental West Cairo 205 and voco West Cairo 205 Suites will together add 390 keys to the group’s portfolio in Egypt
The second offering, dedicated to staffers of Telecom Egypt, started on Sunday and will go on until May 25
The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector
The project already has equity bridge loans of $14m from the EBRD and $45m from the APICORP
The twice-weekly flights will operate from Dubai World Central airport every Thursday and Monday
On a monthly basis, prices grew 2.7 per cent, compared with 6.5 per cent in February
The bank signed off on EUR318m ($344.5m) towards the financing of Phase I of the Electric Express Train Project in Egypt
The company’s materials contribute to reducing carbon emissions generated during the manufacturing process of the pipes and their operational lifespan
The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh
The framework’s projects will be supported with $7bn in lending, comprising of $1bn a year from the International Bank for Reconstruction and Development
By 2025, GMG aims to double its global workforce through acquisitions, developing fresh concepts and entering new geographies
The A321neo brings 20 per cent reduction in fuel consumption and emissions per seat
The agreements were signed at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development, held in Amman on February 26
Emirates NBD said that the sukuk received strong appetite from regional and global emerging market investors
The Egyptian capital will be served with 28 weekly flights, starting October 29
The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan
The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022
Revenue rose 17 per cent to reach $529m last year, compared to $452m in 2021
Founded by Egyptian entrepreneurs, the platform enables omnichannel retailers to have a 360–degree view across all customer touchpoints
The bank’s ownership in the Egyptian unit has risen to 52.607 per cent
The new openings bring the number of Dubai International Chamber’s representative offices around the world to 15
The company signed an agreement with the Egypt’s Information Technology Industry Development Agency to expand operations in the country
The startup will launch Saudi Arabia operations with investment in a new office and local hiring