parool

Ramez Ramzy (33) had to sell half of his hospitality empire: 'Of course I look in the mirror to see what went wrong. But I'm not dwelling on it'

Ramez Ramzy (33) had to sell half of his hospitality empire: 'Of course I look in the mirror to see what went wrong. But I'm not dwelling on it'

Entrepreneur Ramez Ramzy has sold nearly half of his hospitality businesses following a period of over-expansion after the pandemic. He is now focused on improving the value of his remaining venues rather than acquiring new ones.

Based on reporting by parool. Translated and condensed by LocalHeadlines.

Related articles

Financial milestones every expat hits in their first couple of years in the Netherlands

Financial milestones every expat hits in their first couple of years in the Netherlands

Expats moving to the Netherlands must navigate various financial milestones, starting with basic administrative requirements like obtaining a BSN number and opening a local bank account. Over time, these steps evolve into more significant life decisions, such as purchasing a home and planning for the long-term expiration of specific tax benefits.

Municipality critical of provincial plan putting 10,000 homes at risk

Municipality critical of provincial plan putting 10,000 homes at risk

The Amsterdam city council is in conflict with the province of North Holland over new spatial plans that protect industrial land at the expense of potential housing. This policy threatens the realization of 10,000 homes in the Haven-Stad project, prompting the city to demand that the province uphold existing development agreements.

High energy costs also grip ice rinks: "Quite tense"

High energy costs also grip ice rinks: "Quite tense"

Ice rinks across the Netherlands are preparing for the upcoming season while managing high energy costs associated with maintaining ice floors. Many venues are successfully utilizing sustainable technologies like solar panels and heat recovery systems to keep operational expenses stable.

Better healthcare for women could yield 3 billion euros, as many currently struggle for years

Better healthcare for women could yield 3 billion euros, as many currently struggle for years

Providing better healthcare for working women could save more than 3 billion euros by reducing long-term absenteeism caused by undiagnosed hormonal and physical conditions. Research from Amsterdam UMC shows that timely treatment of common female health issues significantly improves economic productivity and alleviates pressure on the healthcare sector.

TikTok queue at Fabel Friet affects house prices: average loss of 41,000 euros

TikTok queue at Fabel Friet affects house prices: average loss of 41,000 euros

A study by TU Delft researcher Rosa van der Drift indicates that homes within 500 meters of the popular Amsterdam snack bar Fabel Friet have lost an average of 41,000 euros in value since 2022. Local residents are now challenging the city in court, seeking stricter measures to mitigate the disruptions caused by the shop's viral popularity.