Jazeera Airways has strengthened connectivity between Kuwait and Egypt, with flights operating to four Egyptian cities — Alexandria, Cairo, Assiut, and Luxor — supporting essential travel during the current regional situation and local airport closures.
Talaat Moustafa Group (TMG), a leading real estate and tourism development company, and Egypt Education Platform (EEP), a leading education service provider in Egypt, have formed an alliance to establish a flagship private university within Noor City, one of TMG’s fully integrated master developments located East of Cairo.
Leading Egyptian real estate developer Palm Hills Developments (PHD) has joined hands with top investment bank EFG Hermes for the successful closing of an E£2.015 billion securitised bond issuance. The transaction represents the first issuance under PHD’s newly approved E£30 billion securitization program.
AD Ports Group has finalised a $115 million project funding facility to support the development of the Noatum Ports - Safaga Terminal in Egypt, thus reinforcing the Group’s long-term commitment to expanding critical port and logistics infrastructure across its focus international markets.
The International Monetary Fund has paved the way for about $2.3 billion in fresh financing for Egypt following the completion of the fifth and sixth reviews of Egypt’s economic reform programme and the first review under its Resilience and Sustainability Facility.
Egypt’s Ministry of Petroleum announced the start of crude production from the Belayim Marine 133 well in the Gulf of Suez, initially producing about 1,500 barrels per day, marking the first result of Eni’s new investment programme.
When much of the world is wrapped in winter, Egypt enjoys one of its most pleasant travel seasons. Winter brings mild temperatures, clear days, and ideal sightseeing conditions, making it the perfect time to explore both the country’s legendary heritage and its sun-soaked coastlines.
IHG Hotels & Resorts has signed a management agreement with Jadeer Group to open the 140-room Hotel Indigo Cairo New Administrative Capital in 2033, expanding its Luxury & Lifestyle portfolio in Egypt’s New Capital.
Rove Hotels, the UAE-born contemporary lifestyle brand and a joint venture between Emaar Properties and Dubai Holding, has announced its entry into Egypt with the signing of Rove Sheikh Zayed City, in partnership with El Sayyad Group. The agreement is executed through El Sayyad Group’s dedicated hotels investment subsidiary, El Sayyad for Hotels & Resorts.
Mandarin Oriental will expand in Egypt with two renovated hotels in Luxor and Aswan and its first luxury Nile river cruise. The hotels and cruise will offer refined accommodations, dining, wellness, and cultural experiences, providing an immersive journey through Egypt’s heritage.
