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Tag Archives: North Africa

AFRICA’S HOSPITALITY INDUSTRY BOOMS

Africa’s hospitality industry booms

Home to some of the world’s fastest growing cities and fast-expanding economies, Africa’s high-growth hotel industry is emerging as an attractive investment magnet.

EGYPT – POSITIVE SENTIMENT PREVAILS

In Egypt, 2015 started on a very optimistic tone which was set by the first ever Egypt Economic Development Conference, held in Sharm El-Sheikh in March, which resulted in approximately USD 125 billion of investments in Egypt. “Mega projects were introduced for the first time in decades,” says Ayman Sami, Country Head Egypt, JLL.

A STAND-OUT YEAR FOR CITYSCAPE EGYPT

Cityscape Egypt 2015 was a huge success as the country’s largest property event welcomed more visitors than ever before.

NMDC completes new Suez Canal Project in Egypt

National Marine Dredging Company (NMDC) has completed the new Suez Canal project. A total of six container ships from around the world navigated the canal as part of the trial run towards ensuring its readiness for full-fledged operations.