Egypt

NEWS DESK

Philip Morris International Announces the Acquisition of a Minority Stake in Egypt-Based Eastern Company

News Desk 2 23/05/2024

Philip Morris International (PMI) today announces the acquisition of a minority indirect stake (14.7%) in Egypt-based Eastern Company (EAST.CA), Egypt’s largest cigarette manufacturer which also includes cigars and pipe tobacco, among others, in their portfolio. As part of this acquisition, PMI

NEWS DESK

Rixos Hotels Egypt’s Expansion Provides a Significant Contribution to Egypt’s Tourism

News Desk 2 22/05/2024

Rixos Hotels Egypt is transforming the country into a premier destination for global travelers through its extensive operations and significant expansion plans, solidifying its position as the leading provider of luxury hospitality in Egypt. In a recent interview, Mr. Erkan Yildirim, Managing Director of Rixos Hotels Egypt, stated that they currently operate 11 hotels with

NEWS DESK

Sharm El Sheikh to Host the First Edition of the African Tourism Forum on May 20th

News Desk 2 16/05/2024

The Sharm El Sheikh International Conference Center in Egypt will host the first edition of ATF24Egypt, The African Tourism Forum from the 20th to 21st of May. This event is sponsored by GMT Fair organization and Rixos Hotels Egypt. The organizers aim that this forum will serve as the most efficient tourism gathering in Africa, […]

NEWS DESK

Egypt showcases prominent tourism projects during participation at Arabian Travel Market

News Desk 2 08/05/2024

Egypt will showcase its commitment to enhancing the tourist experience and attracting new visitors from the UAE, GCC, and globally by highlighting the country’s tourism potential, forthcoming projects, and future initiatives at Arabian Travel Market 2024 (ATM) in Dubai as it looks to build on the record 15 million tourists welcomed in 2023. Dr. Ghada […]

NEWS DESK

The African Tourism Forum to be Held in Sharm El Sheikh on May 20-21 2024

News Desk 2 03/05/2024

ATF24Egypt, The African Tourism Forum will take place from the 20th to 21st of May at the Sharm El Sheikh International Conference Center in Egypt, with the Rixos Hotels Egypt as the accommodation sponsor. The organizers aim that this forum, in its very first edition, will serve as the most efficient tourism gathering in Africa, with the […]

NEWS DESK

Rixos Premium Alamein Opened its Doors as a New Haven

News Desk 1 06/04/2024

Discover the allure of Rixos Premium Alamein, the latest addition to Egypt’s Mediterranean coast. This exquisite resort combines elegance, ultimate comfort, and indulgence, inviting guests to embark on an unforgettable journey of luxury and leisure. Rixos Premium Alamein comprises six towers housing 469 residences and 732 rooms and suites, each designed to capture

NEWS DESK

JLL appoints new Head of Project & Development Services Egypt

News Desk 1 15/03/2024

JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has announced the appointment of Ahmed Hemmat as the new Head of Project & Development Services (P&DS) Egypt. Ahmed brings over 20 years of experience in the construction and mixed-use development sector, with an impressive track record

NEWS DESK

musafir.com Appointed as General Sales Agent for Fly Egypt in the UAE

News Desk 1 14/03/2024

musafir.com, the UAE’s leading travel management company, is pleased to announce its recent partnership with Fly Egypt, appointing musafir.com as the General Sales Agent (GSA) for Fly Egypt in the UAE. This strategic collaboration aims to enhance Fly Egypt’s market presence and sales across the UAE travel network while offering the lowest fare for Sharjah […]

NEWS DESK

Financial Transfers to Egypt Experience Notable Surge

News Desk 1 12/03/2024

Al Ansari Exchange, the largest remittance and foreign exchange company in the United Arab Emirates, and a subsidiary of Al Ansari Financial Services Group (DFM: ALANSARI, announced today witnessing a remarkable increase in the volume of money transfers sent from the UAE to Egypt following recent developments related to the Egyptian Pound exchange rate. The […]

NEWS DESK

SIG partners with Plastic Bank and GIZ to unveil project

News Desk 1 11/03/2024

SIG has teamed up with the social enterprise Plastic Bank and an experienced partner in development cooperation, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, to unveil a project set to reshape Egypt’s recycling landscape while increasing security for waste collection members. Egypt generates more than 95 million tons of waste annually and

NEWS DESK

Delegation from MBRF visits Egypt to strengthen collaboration in knowledge fields

News Desk 1 28/02/2024

A delegation from the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), led by His Highness Jamal bin Huwaireb, CEO of the MBRF, visited the Arab Republic of Egypt to explore collaboration opportunities. The delegation met with Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, and Dr. Reda Hegazy, Minister of Education and […]

NEWS DESK

EBRD AND A³&Co.®  JOIN FORCES TO DRIVE DECARBONIZATION

News Desk 1 20/11/2023

In a significant step towards combating climate change and advancing a green economy, the European Bank for Reconstruction and Development (EBRD) has teamed up with A³&Co.®, a pioneering consulting firm, to lead a transformative initiative at Arabian Cement Company in Egypt. This collaboration is designed not only to reduce carbon emissions but also to reduce […]

NEWS DESK

International SOS highlights synergy between health and productivity

News Desk 1 23/10/2023

International SOS, the world’s leading health and security risk services company, organised an insightful event in Cairo, Egypt, titled ‘Evolving Workplace: Addressing Health and Well-being Risks’. The event underlined the importance of ensuring good health and well-being of employees to boost productivity and efficiency amid risks caused by various factors,

Aviation GCC Travel UAE

Air Arabia to fly between Sharjah and Giza from December 6, 2023

Arnold Pinto 23/10/2023 0

Giza to become LCC’s fourth destination in Egypt from Sharjah Air Arabia, the Sharjah-headquartered low-cost carrier (LCC), will launch a passenger-only route between Sharjah emirate in the UAE and Giza city in Egypt with effect from December 6, 2023. The new route will connect Sharjah International Airport with Sphinx International Airport with five weekly flights. […]

NEWS DESK

UAE, Saudi Arabia, and Egypt account for 60% of MENA’s $3 trillion construction project pipeline

News Desk 1 11/10/2023

Defying global economic challenges, the Middle East and North Africa (MENA) region’s construction sector continued to demonstrate strong performance with a total of $101 billion worth of projects awarded in the first half of the year, reveals JLL’s latest Construction Market Intelligence report, which is based on insights gathered from industry sources and experts.

NEWS DESK

500 Global in Egypt Announces Scale Up Program’s First Batch and Showcase Event

News Desk 1 10/10/2023

CAIRO — 500 Global, one of the world’s most active venture capital firms, and The Egyptian Information Technology Industry Development Agency (ITIDA) announced Batch 1 of the 500 Global in Egypt Scale Up Program. The Scale Up Program is a 7-week program dedicated to Pre-Series A and Series A startups in Egypt. Designed to empower founders […]

NEWS DESK

McDonald’s Egypt Selects Roboost to Fully Automate Delivery Operations

News Desk 1 02/10/2023

Cairo, Egypt — Roboost, the provider of the only fully automated home delivery management solution, is pleased to announce its partnership with McDonald’s Egypt. With Roboost’s AI-powered solution, McDonald’s Egypt is poised to fully automate their last-mile delivery cycle, optimizing operations before delivery starts, and reducing manual actions. Home

Travel Aviation GCC Lifestyle UAE

Fly out from Dubai to say hello to Cairo on October 28 with flydubai

News Desk 1 15/09/2023 0

Air travel demand between the two cities is rising Low-cost carrier flydubai will launch daily flights from Dubai City to Cairo City from October 28, 2023, as demand for travel between the two cities continues to grow exponentially after the pandemic era. The new route is between Terminal 2 of Dubai International Airport (DXB) and […]

Markets Business

Arab nations urged to align their economies on global trends

Arnold Pinto 02/09/2023 0

Ministers of economy meet at Arab League HQ in Cairo The UAE has called for reformulating Arab economies policies and programmes to align with global trends. This was the message of Abdullah bin Touq Al Marri, UAE Minister of Economy when he addressed the 112th session of the Economic and Social Council of the Arab […]

Business

500 Global and ITIDA Announce Scale Up Program in Egypt to Support Pre-Series A Startups

Middle East News 247 13/07/2023

CAIRO — 500 Global, one of the world’s most active multi-stage venture capital firms, and The Egyptian Information Technology Industry Development Agency (ITIDA), announced the launch of 500 Global first batch of the Scale Up program in Egypt. The Scale Up program is focused on providing strategies and experimentation methodologies to accelerate growth for Pre-Series […]