Gulf alliance allocates $500m to purchase Red Sea hotels: ETF official
Saudi-Kuwaiti alliance began negations with two resorts in Marsa Alam, of an…
Collapse of oil prices strikes Gulf stock markets
Saudi Arabia’s market was the hardest hit, losing 9.93%, followed by Qatar…
EgyptAir considers direct flights from Gulf to Sharm El-Sheikh, Hurghada in January 2016
1.6m Arab tourists visited Egypt last year, accounting for $1.5bn of $7.3bn…
EU unveils new aviation strategy as Gulf battle heats up
The EU executive has unveiled a new strategy aimed at making it…
$6bn Gulf FDIs not received yet
No timeframe provided for when the investments will be pumped
Egyptian pound devaluation has positive impact on tourism: Colliers official
Creation of Suez Canal is a catalyst to build a new tourism…
Saleh Kamel to invest up to EGP 30bn in Suez Canal Axis
Josoor Company will start investment after issuing Economic Zones of a Special…
Putin’s proxy war
President Putin turned 63 this week, but, as he savored his birthday…
Egypt backs Russia, asserts itself against Saudi Arabia’s Syria strategy
Airstrikes come as Egypt’s relations with Russia improve, but support likely to…