New IFC fund to boost tourism in Egypt

New IFC fund to boost tourism in Egypt

This goes in line with Egypt’s ministry of tourism aims to establish a private equity fund targeting financially impaired hotels and tourism establishments.

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PWC: Cyprus is as an attractive destination for businesses and investors

PWC: Cyprus is as an attractive destination for businesses and investors

A growing number of Lebanese entities have been using Cyprus as a home base for their outbound investments into Cyprus, the European Union or elsewhere in the world.

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USD 68 million in bank guarantees of Dubai tourism companies to boost industry investments

USD 68 million in bank guarantees of Dubai tourism companies to boost industry investments

Dubai Tourism seeks to directly benefit over 2,000 travel and tour operators and agencies in Dubai.

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Hyatt acquires Two Roads Hospitality for USD 480 million

Hyatt acquires Two Roads Hospitality for USD 480 million

Two Roads Hospitality is an international lifestyle company encompassing a collection of 85 properties in eight countries.

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CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter sells Mandarin Oriental Las Vegas for USD 214 million

CityCenter is jointly owned by a wholly owned subsidiary of MGM Resorts International and Infinity World Development Corp (a wholly owned subsidiary of Dubai World).

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