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Dailynewsegypt > Blog > Business > Deserted Naama Bay
Business

Deserted Naama Bay

Daily News Egypt
Last updated: February 19, 2014 4:24 pm
Daily News Egypt
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EGYPT-UNREST-TOURISM-RED SEA

A picture taken on 18 February 2014 shows the nearly deserted Naama Bay shopping district in the Egyptian Red Sea resort of Sharm el-Sheikh on 18 February 2014.

The decline in tourism since the fall of Egyptian president Hosni Mubarak has hobbled Egypt’s economy.

AFP PHOTO / KHALED DESOUKI

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Egypt government tightens belt, as subsidies top EGP 342bn
African Union Panel meets with PM, Moussa
Stock markets volatile, fretting over euro debt
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