Sunday 19 August 2018
 
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Egypt

Eni wins lease extension for key assets in Nile Delta

Italian oil major Eni said that Egyptian Authorities have authorized a new Nile Delta Concession Agreement allowing a 10-year extension of the Abu Madi West Development Lease (203 sq km), where the Nooros field is located, and the execution of f

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Egypt non-oil sector sees bigger recovery in July

Egypt’s non-oil private sector recorded a greater recovery during July, supported by gradual monetary policy normalisation, improved political stability and a rebound in the tourism sector, said Emirates NBD in its latest Egypt PMI survey.

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Egypt to witness tourism boom in Q3

Egypt's tourism industry is expected to receive a boost over the next couple of months, as analysts predict Hurghada and Sharm El Sheikh to become tourist hot spots over the next couple of months with forecasted growths of 8 per cent and 5pe

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DHL names new country managers for Oman, Qatar, Egypt

DHL Global Forwarding, a leading international provider of air, sea and road freight services, has appointed Maha Abu Hijleh, Roy Scaria and Magued Ragheb as country managers for Qatar, Oman and Egypt, respectively. The announceme

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Saudi group plans $1bn medical city in Egypt

Saudi-based Atraba Integrated Holding has announced plans to build an integrated medical city project over a sprawling 500,000-sq-km area in Egypt at an initial investment of $1 billion, said a report. The project financing and fu

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Egypt to grant residency for expat property buyers

Egyptian government is set to grant residency to foreign investors for one-, three- and five-year periods in return for property purchase, according to a report. The executive regulations for a law regarding granting residency for

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Canada expands UAE, Egypt air transport pacts

Canadian government has expanded its air transport agreements with two of the Middle East and North Africa region's key aviation markets - UAE and Egypt   From visiting friends and family to getting goods to

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Emaar reopens Egypt hotel after $83m facelift

Dubai-based Emaar Hospitality Group has reopened the historic Al Alamein Hotel in Egypt after a major facelift costing EGP1.5 billion ($83.5 million), making it one of the finest resorts along the Mediterranean. The opening event

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Emaar reopens Egypt hotel after $83m facelift

Dubai-based Emaar Hospitality Group has reopened the historic Al Alamein Hotel in Egypt after a major facelift costing EGP1.5 billion ($83.5 million), making it one of the finest resorts along the Mediterranean. The opening event

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Hassan Allam JV to set up big solar projects in Egypt

HA Utilities, the utilities arm of leading regional construction and engineering group Hassan Allam Holding (HAH), is entering a joint venture with UK-based Lightsource BP to develop and operate utility-scale solar projects across Egypt.

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