Egypt extends hotel financing initiative by 6 months to boost tourism growth
Egypt’s government has approved a six-month extension for a 50 billion Egyptian pound hotel financing initiative…
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Hospitality sector
UK hiring plans hit lowest since early ’21
Hiring plans among British businesses have slipped to their lowest level since the COVID-19 pandemic, with wage…
Egypt PM supports Hyatt–ADD hotel expansion plans
Egypt’s Prime Minister Moustafa Madbouly met on Tuesday with Hyatt Hotels' regional president Javier Águila and ADD…
Egypt secures $265m ADD-Hyatt investment deal
Egypt’s Prime Minister Moustafa Madbouly witnessed Tuesday the signing of a $265 million strategic memorandum of…
Spanish unemployment hits 17-year low in May
Spain’s registered unemployment fell below 2.5 million in May for the first time since July 2008, Reuters reported…
Egypt, Türkiye to boost tourism cooperation
Egypt and Türkiye have signed a Memorandum of Understanding (MoU) in the tourism sector, establishing a roadmap for…
BoE’s Mann warns of overestimated rate cuts
Financial markets might be overly optimistic about the number of interest rate cuts anticipated this year, said…
Egypt ranked first in Africa hotel investments – survey
Egypt was ranked first in a survey about the African countries with the highest number of new hotel investments,…