Accor has signed a hotel management agreement with MAVEN Developments to introduce TRIBE Ain Sokhna at Baymount, marking the brand’s debut in Egypt. The 150-key beachfront hotel will be TRIBE’s first property in the country.
UAE-based Miran Hills Real Estate said it has entered into an agreement with Ras El Hekma Urban Development Project Company to secure rights for development of a prime parcel of land in a premier coastal destination on Egypt’s North Coast, into a landmark waterfront destination.
Saudi Intermaint, a leading contractor delivering construction, fabrication and maintenance services for heavy industry across the Gulf, has secured its first EPC contract for a cement mill project. The scope of work includes engineering and execution capabilities at the plant.
Accor, a world-leading hospitality group, announces the signing of the Pullman New Capital Hotel & Residences in Egypt, marking the debut of Pullman Hotels & Resorts in Cairo.
bp has announced a gas and condensate discovery offshore Egypt following the drilling of the Denise W-1 exploration well in the Temsah Concession, located in the Eastern Mediterranean.
Egypt and Cyprus signed a natural gas cooperation framework, witnessed by Presidents Abdel Fattah El Sisi and Nikos Christodoulides, during the 9th Egypt Energy Show (EGYPES 2026), strengthening bilateral energy collaboration.
Egypt’s medical tourism is booming, fuelled by improved healthcare services and quality care. In 2025, revenues surged 76.67% from 2024, reaching approximately $3.7 million, marking a significant breakthrough in the sector
Kuwaiti low-cost carrier Jazeera Airways is set to restart twice-weekly services from Kuwait to Tbilisi, Sharm El Sheikh and Hurghada via King Fahd International Airport in the Saudi city of Dammam beginning April 15. The flights to the Georgian capital opens access to the wider Caucasus region, including Armenia and Azerbaijan.
Egypt will repay $1.3 billion in arrears to international oil companies by June, accelerating its schedule. The country owed about $6.1 billion by mid-2024 due to foreign currency shortages affecting payments, investment, and gas production.
Jazeera Airways has announced the expansion of its network in Egypt with new flights to Sohag. It is the sixth destination that the Kuwaiti low-cost airline will fly to in Egypt via Qaisumah Airport in Saudi Arabia as part of its efforts to boost connectivity between Kuwait and other key travel destinations.
