Hotels in Cairo reported the largest occupancy increase during September in the Middle East and Africa region with year-on-year growth recording a significant 107.5 per cent, while occupancy levels reached 51.8 per cent, a report said.
The third quarter of the year saw increased confidence in Cairo’s real estate market against an improving economic backdrop, and demand remained relatively active across all segments, a report said.
Developers are moving for
The Four Seasons Hotel Nile Plaza, in Cairo, Egypt, will celebrate Eid Al Adha with a mix of star performances, DJs and live entertainment at Graffiti, its new lounge.
The part bar, part lounge, part restaurant offers spectacular views
Talks in Cairo on ending the Gaza war showed no signs of a breakthrough on Monday, with Israel and the Palestinians entrenched in their demands hours before the expiration of a five-day ceasefire.
The truce is due to run out at 21
Palestinian negotiators will leave Cairo on Sunday unless Israel agrees to return to Egyptian-mediated negotiations to end the war in Gaza, senior delegation member Moussa Abu Marzouk said.
"Within the next 24 hours, the dele
Cairo-based Ezz Elarab Automotive Group has joined hands with Contact Auto Credit, one of Egypt’s leading financial service providers, to launch a new financing company, Ezz Financing.
Ezz Financing is set to provide the Egy
Emerging market-focused private equity firm Abraaj Group aims to complete a takeover of Egyptian healthcare firm Cairo Medical Center after announcing plans for a tender offer to shareholders.
The transaction is one of a number of
Egypt is set to start the first phase of Cairo’s underground fourth line project within the fiscal year 2015-16, said a report.
The Cairo Metro Line 4 will run from Haram district reaching the New Cairo d
Saudi Arabia’s national carrier Flynas has launched daily flights from Jeddah’s King Abdulaziz International Airport to Cairo International Airport Terminal 1 from June 1, as part of its expansion plans within Egypt.
The pan-Arab satellite network Al Jazeera has served Egypt with a $150 million compensation claim for what it called damage to its business inflicted by Cairo's military rulers, a lawyer acting for the Qatar-based channel said.