• Wednesday, 12 August 2020

    What we’re tracking on 12 August 2020

    National polls for the country’s inaugural Senate election close tonight: President Abdel Fattah El Sisi and Prime Minister Mostafa Madbouly both cast their votes on the opening day of the ballot in Egypt yesterday, which will see 200 candidates elected...
  • Tuesday, 11 August 2020

    What we’re tracking on 11 August 2020

    Good morning, friends, and welcome to what is shaping up to be a busy news day. The IMF (quietly) released overnight its staff report on Egypt’s USD 8 bn pandemic aid package. The report includes everything from the fund’s take...
  • Thursday, 6 August 2020

    Jaz Group to inaugurate Hurghada, Soma Bay hotels in September

    Jaz Hotel Group will open two new hotels this September, one in Hurghada and the other in Soma Bay, at a combined cost of EGP 1.4 bn, Jaz Hotel Group Egypt CEO Alaa Akel told Hapi Journal. The company is...
  • Sunday, 5 July 2020

    What we’re tracking on 5 June 2020

    Good morning, friends. We hope all of you enjoyed the long weekend as much as we did. Only 18 days until your next three-day break: The anniversary of the 23 July Revolution — which is followed a week later by...
  • Tuesday, 16 June 2020

    Sudan calls Ethiopia’s GERD proposal “a retreat from previously agreed upon principles”

    Sudan calls Ethiopia’s GERD proposal “a complete retreat from previously agreed upon principles,” according to an Irrigation Ministry statement. That said, Egypt, Sudan and Ethiopia appeared to make modest progress yesterday on technical issues; talks will continue today. Egypt has...
  • Monday, 27 April 2020

    Colliers International sees Egyptian hotel occupancy recovering in 2021

    Hotel occupancy rates in Egypt could bounce back from the covid-19 slump as early as 4Q2020 or the beginning of 2021, Colliers International said in a report (pdf). The real estate services and investment management company sees Cairo hotels leading...
  • Thursday, 9 April 2020

    Elsewedy-led consortium awarded tender for Abu Tartour-Qena railway line

    A consortium of Elsewedy Electric and Italy’s Saipem and Salce have been awarded a tender issued by El Wady for Phosphate Industries and Fertilizers’ (WAPHCO) to rebuild the Abu Tartour-Qena freight railway line, according to Elsewedy's disclosure to the bourse...
  • Monday, 23 March 2020

    Economic measures to combat covid-19 top story on talk shows

    The government’s spending package to tackle covid-19 took center stage on the airwaves last night: Al Kahera Alaan’s Lamees El Hadidi covered yesterday’s cabinet meeting during which President Abdel Fattah El Sisi announced that the central bank would allocate EGP...
  • Monday, 2 March 2020

    Egypt in the News on 2 March 2020

    It’s another quiet morning in the pages of the foreign press: Hurghada museum: The new museum opened in Hurghada over the weekend is getting coverage in Voice of America, which is out with a photo gallery of the inauguration and...

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