Blue Sky studys establishment of tour operators in Russia, Eastern Europe
There is currently a lack of supply in the international Russian tourism…
Expectations of decline in profits of HOTAC by 30% by end of FY 2015/2016: Chairwoman
Despite profits decline in FY 2015/2016 , this will not impact company’s…
Tourism real estate developers optimistic about sale of vacation properties in 2016
There is currently domestic demand to buy vacation properties outside of Cairo,…
EGOTH loses EGP 43m in 3 months after downing of Russian aircraft
Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP…
Tourism Minister expects sector’s recovery to being in March
Zaazou expects Control Risks to start reviewing airport security procedures next week
Suspension of Turkish tour operators exacerbates Egyptian tourism crisis
Turkish authorities’ decision to suspend work licenses for Turkish tour operators will…
Occupancy rates at Taba hotels fall below 5%
19 of 23 Taba hotels have suspended operations
Egyptian-American investors’ alliance buys 3 hotels for $52m in South Sinai and Red Sea: Tourism sources
Egyptian tourism sector may be good opportunity for foreign investors currently, as…
E-Finance collects EGP 11.5bn for Finance Ministry in January: Chairman
Electronically collected tax last year amounted to EGP 37bn
Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official
Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an…