Minor Hotels has signed Anantara Somabay Resort & Residences in Egypt, set to open in May 2030 with 300 hotel keys and 150 branded residential units, marking a key expansion milestone in the country.
IHG Hotels & Resorts has introduced its premium lifestyle brand to Egypt with the opening of voco Hotels Cairo Arabella Plaza in New Cairo. The 80-room hotel is integrated directly into Arabella Plaza Mall.
Dana Gas, the Middle East’s largest regional private sector natural gas company, has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled.
Eni announces a significant gas and condensate discovery in Egypt, with the drilling of the Denise W 1 exploration well in the Temsah Concession, located offshore in the Eastern Mediterranean.
Arcius Energy, backed by BP and Adnoc’s XRG, approved a $500 million final investment decision to develop Egypt’s Harmattan gas field in the El Burg offshore concession, aiming to boost natural gas production for domestic demand.
Noatum Ports, the international ports operating arm of AD Ports Group, today confirmed the delivery of three new ship-to-shore (STS) and six rubber tyred gantry (RTG) cranes to its new multipurpose terminal in Safaga, Egypt.
GE Vernova said it has received an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), for upgrades and services at MDEPC’s Bahna and Nubaria power plants in Egypt.
Egyptian authorities have announced plans for the establishment of a regional grain hub in Suez Canal Zone. Preparations are under way for a detailed feasibility study covering technical, economic, and logistical aspects ahead of implementation, said a report.
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.
