Tag: gulf

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

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

Abdel Razek Al-Shuwekhi

Collapse of oil prices strikes Gulf stock markets

Saudi Arabia’s market was the hardest hit, losing 9.93%, followed by Qatar…

Daily News Egypt

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…

Daily News Egypt

EU unveils new aviation strategy as Gulf battle heats up

The EU executive has unveiled a new strategy aimed at making it…

Deutsche Welle

$6bn Gulf FDIs not received yet

No timeframe provided for when the investments will be pumped

Daily News Egypt

Egyptian pound devaluation has positive impact on tourism: Colliers official

Creation of Suez Canal is a catalyst to build a new tourism…

Menna Samir

Saleh Kamel to invest up to EGP 30bn in Suez Canal Axis

Josoor Company will start investment after issuing Economic Zones of a Special…

Doaa Farid

Putin’s proxy war

President Putin turned 63 this week, but, as he savored his birthday…

Deutsche Welle

Egypt backs Russia, asserts itself against Saudi Arabia’s Syria strategy

Airstrikes come as Egypt’s relations with Russia improve, but support likely to…

Emir Nader