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…
HOTAC incurs EDP 30m losses due to decline in tourism: Chairman
If occupancy rates continue to decline, revenues will be affected in 2016,…
Tourism sector depends on domestic tourism for financial recovery
Companies have seen shrinking profits through the end of September 2015
50% expected decline in airport revenues in Q4 2015
Airlines Company lost part of freight fees and EgyptAir Cargo is the…
Tourism raises the white flag
The Ministry of Antiquities’ debts to the Ministry of Finance and contracting…
Travco will launch charter flights to Egyptian cities in March
Travco’s Dubai organised charter flights to Sharm El-Sheikh last week
Colliers predicts continued decline in tourism for Sharm El-Sheikh, Hurghada
An increase of occupancy in Sharm El-Sheikh and Hurgada basically depends on…
