Monday, 19th June 2017
Egypt’s Vast Museums Across Cairo Renovated to Boost Tourism
As the world awaits the completion of the Grand Egyptian Museum this year, spanning an area of 117 feddans near the pyramids and hosting artifacts belonging to the vast Egyptian civilizations (some have never been revealed to the world before), Egypt is determined to boost tourism and upgrade its services, renovating many of Cairo’s historical sights. Invest-Gate is pleased to take you on a tour across the capital to explore its best and most unique historical monuments.
Monday, 19th June 2017
Egypt’s Hospitality Sector On The Rise Post Float
Egypt’s hospitality sector is taking an upward trend after the Central Bank of Egypt (CBE) decided to float the local currency, making the country cheaper than ever and more appealing to tourists, accordingly increasing demand from international investors and tourists. Invest-Gate gives an overview on the sector pre-and post the devaluation of the EGP
Sunday, 18th June 2017
Egypt’s Summer Destinations in a Wrap
As the value of the local currency declined in recent months, trips abroad became less affordable to Egyptian nationals, leading to an increase in inbound bookings during national and religious holidays nationwide. Tourism revenues amounted to USD 1.6 bn Q1 of 2017, growing y-o-y from USD 1.5 bn. Germans, Britons, and Ukrainians comprised the bulk of international tourists. In light of this recovery, Invest-Gate highlights the updates and developments taking place across Egypt’s summer destinations.
Tuesday, 13th June 2017
Tourism Segment Adjusts As Inflows Decline
Due to the country’s low rates of tourist inflows, real estate developers diverted their attention to promoting residential projects across Egypt’s tourist destinations although they still face challenges. Invest-Gate digs deep into the tourism segment’s obstacles and its imminent outlook.
Monday, 8th May 2017
Egypt’s Coastal Ain Sokhna Breaks Seasonal Tourism Trend
With recent economic reform measures, Egypt seeks to pave the way for additional investments in its coastal shores after years of a standstill. Invest-Gate seizes the opportunity to have a thorough conversation with Chairman of the Ain Sokhna Tourism Investors Authority (TIA) Mohamed Roshdy
Monday, 8th May 2017
Egypt on Track to Combat Business Obstacles and Boost Economy
In a one-of-its kind interview, Invest-Gate sits with Ashraf Salman, former Minister of Investment and current CEO of AUR Capital, to discuss the Egyptian economy and highlight ARCO Developments’ ongoing take on Egypt’s real estate market
Sunday, 16th April 2017
Dreamy Anakato Guesthouse Transforms Nubian Tourism
Visitors to Nubia are often familiar with the iconic Anakato. Even tourists in Nubia, for a day trip via Aswan, can easily make out the vibrantly colored, authentic houses, where small crowds gather for meals to watch the sunrise and sunset before one of Egypt’s most stunning views. Invest-Gate pays Anakato a visit
Friday, 2nd December 2016
Tourism in Times of Crisis: Niches and Their Development
Egypt's tourism sector has over the past years been battered by revolutionary turmoil, terrorism and uncertainty, leaving the once-blossoming industry largely shattered. With the decline in traditional tourism, niche tourism and different variations of tourism have heralded a potential salvation for the industry.
Thursday, 20th October 2016
South Sinai: Exploring the Wealth of a Nation
Amid efforts to resolve Egypt's ongoing tourism crisis, Invest-Gate speaks to Samy Soliman, Head of the Nuweiba and Taba Investors Association, to better understand the reality as investors view it on the ground in South Sinai, once one of Egypt's prime touristic hubs.
Monday, 5th September 2016
The Future of Sustainable and Green Construction in Egypt
The ‘going green’ bandwagon has been slowly making the rounds with new ideas of impactful ways to save our planet emerging every day. Environmental responsibility and long-term sustainable solutions have become a necessity, with the world trying to combat global warming with its consequences, and ensure resource availability for all. Now the worldwide trend towards going green has shifted to real estate, where a green building signifies a property that is built with an environmentally friendly process, energy and resource efficient. While the environmental aspects are key champions of green buildings, the economic benefits of a sustainable green shift are weighing heavily in its favor.