The Export Development Bank of Egypt (EBank) has upgraded its mobile banking application, allowing customers to make instant transfers of up to EGP 30 million per month as part of its broader digital transformation strategy.

The Egyptian Exchange (EGX) has launched a beta version of its new website as part of its digital transformation efforts, offering investors and traders a more interactive way to monitor market activity.

Al Ismaelia for Real Estate Investment has secured financing from the European Bank for Reconstruction and Development (EBRD) to support its environmental, social, and governance-led redevelopment of heritage assets in Downtown Cairo.

Accor and Orascom Development Egypt have signed a management agreement to reposition Movenpick El Gouna as Sofitel El Gouna Resort.

CI Capital, a financial services group, has launched a new research portal to enhance investor access to the company’s market insights and analysis.

Al Masar Tourism Development (not sure of the name) intends to invest about EGP 2.5 billion to renovate the Holy Family Path.

The newly redeveloped Port Tawfiq Walkway, overlooking the Suez Canal, was officially opened on October 26th after being shut down for 13 years.

Egypt’s Ministry of Tourism, in cooperation with the General Authority for Investment and Free zones (GAFI), is planning to offer investment opportunities in the Holy Family Path renovation project across 11 governorates this year.

City Edge Developments, on behalf of the Ministry of Housing, and the Hilton Group signed two contracts to manage and operate two hotels in Cairo.

Al Khair River is an EGX-listed company since December 2021 that operates in a number of major sectors, including land reclamation, provision of equipment and facilities to lands, and planting reclaimed lands using modern irrigation methods, in addition to livestock and poultry farming.

Egypt has been working on the development of the Shepherd Hotel since 2008. The state-owned Egyptian General Company for Tourism and Hotels (EGOTH) decided to close it permanently during 2013, until a tender was launched and Al Sharif Group won it in 2020.