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Egypt's crown jewels up for sale: Gulf States snap up prized assets amid economic crisis | Mirette Magdy & Michael Gunn

On a sweltering late-summer evening last year in southern Egypt, the country’s most storied hotel was bustling once again, hosting personalities with ambitions of shaping the world. In the more than a century since it opened, Aswan’s Old Cataract, perched on a rocky outcrop on the Nile River’s eastern bank,… ....

Abu Dhabi Commercial Bank , United Arab Emirates , Saudi Arabia , Ar Riya , Al Qahirah , Arabian Peninsula , Saudi Arabia General , Abu Dhabi , Abuz Aby , Red Sea , Djibouti General , Sharm El Sheikh , Janub Sina , Al Iskandariyah , Israel General , United Bank , Nile River , Egypt General , Gulf States , Zayed Al Nahyan , Gamal Abdel Nasser , Sultan Al Nahyan , Ziad Bahaa , Abdel Fattah El Sisi , Agatha Christie , Mirette Mabrouk ,

UAE's $35 Billion Egypt Deal Marks Gulf Powers' Buying Spree

(Bloomberg Markets) On a sweltering late-summer evening last year in southern Egypt, the country’s most storied hotel was bustling once again, hosting personalities with ambitions of shaping the world. In the more than a century since it opened, Aswan’s Old Cataract, perched on a rocky outcrop on the Nile River’s eastern bank, has welcomed the likes of Winston Churchill, Jimmy Carter and Tsar Nicholas II. For Agatha Christie, in whose former suite you can now stay for upwards of $8,000 a nigh ....

United Arab Emirates , Red Sea , Djibouti General , Abu Dhabi , Abuz Aby , Nile River , Egypt General , Ar Riya , Saudi Arabia , Sharm El Sheikh , Janub Sina , Abu Dhabi Commercial Bank , Arabian Peninsula , Saudi Arabia General , Israel General , Al Iskandariyah , Al Qahirah , United Bank , Zayed Al Nahyan , Mirette Mabrouk , Agatha Christie , Sultan Al Nahyan , Bloomberg Businessweek , Gamal Abdel Nasser , Ras El Hekma , Abdel Fattah El Sisi ,

UAE's $35 Billion Egypt Deal Marks Gulf Powers' Buying Spree

UAE's $35 Billion Egypt Deal Marks Gulf Powers' Buying Spree
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Abu Dhabi , Abuz Aby , United Arab Emirates , Al Iskandariyah , United Bank , Al Qahirah , Arabian Peninsula , Saudi Arabia General , Saudi Arabia , Nile River , Egypt General , Sharm El Sheikh , Janub Sina , Ar Riya , Abu Dhabi Commercial Bank , Israel General , Red Sea , Djibouti General , Abdel Fattah El Sisi , Winston Churchill , Sultan Al Nahyan , Gamal Abdel Nasser , Mirette Mabrouk , Zayed Al Nahyan , Ras El Hekma , Agatha Christie ,