When it comes to hotel development across Africa, Egypt and Marriott are the two phenomena to watch. This insight comes from this year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source, documenting and analysing the number of hotels being planned and built across the continent. The survey, conducted by […]
Category Archives: Egypt News
Egypt News
Africa Travel, Egypt News
Rixos Hotels Egypt Bagged a Recognition of the Booking.com Traveller Review Award 2023
Rixos Hotels Egypt embraces the brand-new year with another recognition as their luxurious properties were recognized with Booking.com Traveller Review Award 2023. This distinguished award is an annual appreciation program for various hospitality partners with remarkable services, determined by the review scores that travelers leave after their stay or experience the property. The Ultra All […]
Rixos Premium Seagate and Rixos Sharm El Sheikh kick start the brand-new year by hosting an Indian Wedding, and it is notable it was the first time it happened in the history of the land of the Pharaohs, Egypt. Positioning the Rixos properties as an opulent and world-class wedding venue, it is a perfect inception […]
Africa Travel, Egypt News
Get Ready for the Ultimate New Year’s Celebration at Rixos Hotels Egypt in 2023!
Celebrate the start of 2023 with a special New Year’s Week celebration at Rixos properties, such as Rixos Premium Magawish Suites & Villas, Rixos Premium Seagate, and Rixos Sharm El Sheikh! This extravagant event is sure to be packed with amazing live shows and performances. Celebrate the New Year in style at the Rixos Premium […]
By Pitamber Kaushik As the Federal Reserve, the central bank of the United States, continues to hike its lending rates aggressively in order to rein in persistent inflation, the stress exerted by the bulking US Dollar continues to send ripples throughout the world. Being the predominant medium of international exchange, serving as the world’s principal […]
Across the continent, countries in Africa are gearing up for the energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments made under the Paris Agreement. Ahead of the United Nations Climate Change […]
Egypt News, Morocco News, Startups
MaxAB raises $40 million from Silver Lake, BII, and DisruptAD to support company growth and regional expansion
MaxAB, an e-commerce and distribution platform for food and grocery items, has announced the close of a $40 million pre-series B equity round to finance its expansion into the Middle East, North Africa and Pakistan region. New investors in this round include Silver Lake, British International Investment and DisruptAD, along with existing investors Beco Capital, […]
Africa Travel, Egypt News, Morocco News
Africa hotel development: It’s Egypt, Morocco, Accor & Marriott
Just four words are needed to sum up the main findings of this year’s African hotel chain development pipeline survey conducted by W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF); those words are Egypt, Morocco, Accor and Marriott. This year’s annual survey, which is widely acknowledged as the industry’s most authoritative […]
A15 invests final tranche of Seed round in online health & wellness platform for further expansion across MENA Cairo, Egypt. Esaal, one of the largest technology platforms for online health and wellness consultations in the MENA region, has completed the final tranche of its $1.7M Seed funding round, led by A15. This tranche brings the […]
The bi-annual Global Retail Development Index (GRDI), which is a study of the global retailing landscape has revealed Africa is poised to move away from traditional retail models and become the fastest-growing, richest, and most sophisticated market in the world. Prashaen Reddy, a partner at management consulting firm Kearney says that this is thanks to the […]