Al Habtoor Group records 19 percent revenue growth in 2022
The UAE-based privately owned conglomerate Al Habtoor Group recorded 19 percent revenue growth in the first half of 2022 versus the same period 2021 and 36 percent increase in EBITDA.
Four Seasons expands its luxury footprint in Egypt
In partnership with leading conglomerate Talaat Moustafa Group (TMG) and as part of its multimillion-dollar expansion, luxury hospitality company Four Seasons has solidified its presence in Egypt with three new high-end hotels and residences: Four Seasons Hotel and Private Residences New Cairo Capital at Madinaty, Four Seasons Hotel Luxor and Four Seasons Resort and Private Residences Sharm El Sheikh.
Events
Back to the land of the pharaohs
Egypt appears to be getting back on its feet after years of economic turmoil and social unrest, intensified by the pandemic. Nada Alameddine, managing partner at Hodema consulting services, shares her insights on tourism recovery and what the regional power of North Africa is likely to witness in terms of foreign arrivals in 2022 and beyond.