Back to the complete issue
Wednesday, 8 June 2022

Last Night’s Talk Shows: Construction starts at Four Seasons Luxor + more women appointed to Maglis El Dawla

It was a quiet night on the airwaves last night — but we did get some business news, as the Egyptian General Company for Tourism and Hotels (EGOTH) and Talaat Moustafa Group (TMG) broke ground on their Four Seasons-branded Luxor hotel. TMG CEO Hisham Talaat Mostafa called Kelma Akhira’s Lamees El Hadidi (watch, runtime: 18:55) to talk about the PPP project, which is set to open by the end of 2024. TMG will invest EGP 2.5 bn in the new hotel, he said.

Also on the airwaves last night:

  • More women on the Maglis El Dawla: President Abdel Fattah El Sisi has appointed 39 more women to judicial positions in the Council of State (Maglis El Dawla). (Al Hayah Al Youm | watch, runtime: 2:18)
  • Reminder to private schools: Tuition fees aren’t due yet. The Education Ministry has warned private schools against attempting to collect tuition fees for the new academic year before September. (Mas’aa DMC | watch, runtime: 1:31)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.