Tag: resort

Business Economy

Finance Ministry to reassess taxes on hotels and resorts

Egypt’s Finance Ministry rules that real estate taxes for hotels will now…

Daily News Egypt May 20, 2013

Beach tourism represents 80% of all of the sector’s revenues. Three months’ worth of revenues from this sector are actually enough to match the amount of money being considered as part of the country’s pending IMF loan package (file photo: AFP)

Power cuts and strikes plague Hurghada tourism

In the resort city power cuts are exacerbated by airport police officers…

Luiz Sanchez July 31, 2012