Egypt

Luxury News

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as...

Business Africa

Egypt Approves Oil and Gas Agreements Including Perenco’s North Sinai Project

Egypt’s parliament has approved four new oil and gas...

Business Africa

Egypt Negotiates Multi-Year LNG Supply Agreements With Global Energy Companies

Egypt is in advanced discussions with several of the...

Business Africa

Nassef Sawiris Secures Majority Control of OCI Global After Crossing 55% Ownership

Egyptian billionaire Nassef Sawiris has strengthened his control of...

Sports

Egypt’s World Cup Heroes Receive Triumphant Welcome Home

Egypt’s national football team received a hero’s welcome after...

Business Africa

Naguib Sawiris Invests Additional $10 Million to Transform Giza Plateau Into Year-Round Tourism Hub

Egyptian billionaire Naguib Sawiris is investing an additional 500 million Egyptian pounds ($10 million) to accelerate the transformation of the Giza Plateau into a...

Business Africa

Egypt Lands $4 Billion Mega Development Deal With Majid Al Futtaim in New Cairo

Egypt has secured a major real estate investment agreement with Dubai-based Majid Al Futtaim, paving the way for the development of a large-scale mixed-use...

Business Africa

India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates

Indian textile manufacturer Prestige Denim Mills will invest $20 million in a new denim fabric production facility in Egypt, reinforcing the country’s emergence as...

Business Africa

Naguib Sawiris Expands Greek Luxury Tourism Bet With New Mykonos Resort

Egyptian billionaire Naguib Sawiris is deepening his investment in Greece’s luxury tourism sector with the development of a new five-star resort on the island...

Business Africa

Egypt Boosts Sinai Oil Output to Nine-Year High With Eni’s Support as Energy Import Costs Rise

Egypt has increased crude oil production from its Sinai offshore fields to the highest level since 2017, as Italian energy giant Eni and state-owned...

Luxury & Lifestyle

Spectacle, Entertainment & Family Adventure — Hollywood Sharm El Sheikh

Located in Sharm El Sheikh, Egypt, Hollywood Sharm El Sheik is one of the city’s most recognizable entertainment destinations, celebrated for its vibrant atmosphere,...

Business Africa

Egyptian Fintech Blnk Secures $37 Million to Expand Consumer Lending Across Underserved Markets

Egyptian fintech startup Blnk has secured $37.1 million in fresh funding to accelerate its consumer lending business and expand access to credit among underserved...

Business Africa

Egypt Inaugurates Industrial Complex, Advances Plans for €25–40 Million Railway Wagon Factory

Egypt has inaugurated a major industrial complex as part of its broader strategy to localize manufacturing and strengthen its position as a regional transportation...

Business Africa

Egypt slashes oil sector debt from $6.1 billion to $440 million to attract fresh energy investment

Egypt has reduced outstanding payments owed to foreign oil and gas companies from $6.1 billion in mid-2024 to just $440 million, as Cairo moves...

Business Africa

Egypt strengthens role as regional energy hub through Cyprus gas export partnership

QatarEnergy and ExxonMobil have turned to Egypt to help transport offshore natural gas from Cyprus to European markets, reinforcing Cairo’s growing importance as a...

Business Africa

Egypt moves to become global grain trading and storage powerhouse

Egypt is intensifying efforts to position itself as a major global grain trading and storage hub as the country seeks to strengthen food security...

Africa

Egypt’s largest property developer expands into Saudi tourism and entertainment sector

Talaat Moustafa Group, Egypt’s biggest property developer, is expanding into Saudi Arabia as it seeks to capitalise on the kingdom’s fast-growing tourism and entertainment...

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