Latest Tourism News
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
Medium-term recovery expected in Sharm El-Sheikh: Colliers
Occupancy to reach 36% in February and March in Sharm El-Sheikh
Suspension of Turkish tour operators exacerbates Egyptian tourism crisis
Turkish authorities’ decision to suspend work licenses for Turkish tour operators will…
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…
Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official
Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an…
Tourism income indicators expect to show decline of 18% in 2015: Tourism Minister’s advisor
Ministry to establish national carrier to avoid tour operators’ monopolisation and rerouting…
Ministry of Aviation’s petroleum dues increased to EGP 7bn by November
Debt increased due to the suspension of payment of the entire value…
