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Egyptians Are in Deeper Fiscal Hole as Economic Program Wraps Up

(Bloomberg) -- New figures spotlight the pain Egyptians are feeling as the government wraps up a three-year program credited with pulling the economy from the throes of...

British Airways Halts All Cairo Flights for Seven Days

(Bloomberg) -- British Airways suspended all flights to Cairo for seven days to “allow for further assessment,” a day after the U.K. government raised its...

Egypt Bus-App Swvl Raises $42 Million

(Bloomberg) -- Swvl, an Egyptian app for booking buses, has raised $42 million as it looks to expand into other parts of Africa, including...

Accor Plans 60 New Hotels in Africa, Half of Them in...

Accor SA will open 60 new hotels in 14 countries in Africa in the next four years, its Chief Executive Officer for Middle East...

Egyptian Bank EFG-Hermes Weighs South East Asian Acquisition

EFG-Hermes Holding SAE is considering an expansion into South East Asia as Egypt’s biggest investment bank seeks to grow in emerging markets.The Cairo-headquartered company,...

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