Abdel Razek Al-Shuwekhi

791 Articles

Blue Sky studys establishment of tour operators in Russia, Eastern Europe

There is currently a lack of supply in the international Russian tourism…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

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…

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Tourism real estate developers optimistic about sale of vacation properties in 2016

There is currently domestic demand to buy vacation properties outside of Cairo,…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

EGOTH loses EGP 43m in 3 months after downing of Russian aircraft

Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Tourism Minister expects sector’s recovery to being in March

Zaazou expects Control Risks to start reviewing airport security procedures next week

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Suspension of Turkish tour operators exacerbates Egyptian tourism crisis

Turkish authorities’ decision to suspend work licenses for Turkish tour operators will…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Occupancy rates at Taba hotels fall below 5%

19 of 23 Taba hotels have suspended operations

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

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…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

E-Finance collects EGP 11.5bn for Finance Ministry in January: Chairman

Electronically collected tax last year amounted to EGP 37bn

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official

Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an…

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