Desperate Egypt sells off historic hotels as it dives deeper into debt
Amid biting austerity and rising inflation, the al-Sisi government is off-loading assets – some to a convicted murderer with Emirati cash
Source: theguardian.com
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Qatar in talks with Egypt's wealth fund over hotels investment
British multinational premium drinks giant Diageo has announced that its chief executive officer Sir Ivan Menezes has died following a brief illness. He was due to retire at the end of this month...
Source: bizcommunity.com
EXCLUSIVE-Qatar in talks with Egypt's wealth fund over hotels investment - sources
The Qatar Investment Authority (QIA) is in talks with The Sovereign Wealth Fund of Egypt (TSFE) about the deal, said two sources with knowledge of the matter, who declined to be named. The fund is considering acquiring a stake of up to 30% in the hotels, the sources said.
Source: devdiscourse.com