Destinations along the Red Sea are numerous including Nuweiba, Ain Sokhna, Ras Sudr, Sharm El-Sheikh, Hurghada, Gouna, Marsa Alam, Somabay and many more. Each destination is unique and offer its own special set of entertainment, beaches, and services
For many years, Egypt has been viewed as a risky tourist destination despite its unrivaled natural landscapes, history, and culture. However, tourists have recently began returning in flocks as stability returns, and the hospitality sector is growing as a result. Invest-Gate delves more into this issue to explore to what extent Egypt started to reap the rewards.
In the light of the state’s continuous efforts to boost tourism and hospitality sector, many ask if Egypt is nearly back on the world tourism map? Invest-Gate asked Christopher Lund, associate director at Colliers International MENA, and JLL’s Country Head of Egypt Ayman Sami on their outlook – here’s their answer!
April is here and with it comes warmer weather and time off during Sham El-Nessim and Easter to put this good weather to use along Egypt’s many beaches and destinations. Invest-Gate surveyed a number of holidaymakers asking about their whereabouts this Sham El-Nessim, as well as, what they look for when choosing a holiday destination and the possibility of investing in a second home
The government has already taken many steps to lure foreign investment to Egypt, setting laws to facilitate ownership of real estate properties and obtaining residency permits. Morgan-Lister is not out of the ordinary. She is among many foreign retirees who have packed their bags and moved from their countries, where it is cold and dreary, to sunny Egypt
Egypt is a country so rich for getaway destinations both in the summer and the winter, tailoring to everyone’s interests, whether cruising the Nile River to explore ancient heritage, or relax on the beach. Invest-Gate presents some of the top winter destinations featuring warm weather and hospitable atmosphere during the cold months of winter
Cities of Upper Egypt have been overlooked for decades as touristic destinations, especially after the 2011 revolution, despite their wealth in well-preserved archeological sites. However, there are a number of public and private initiatives that aim to promote tourism in these less-frequented cities and towns. Invest-Gate looks into tourism across Upper Egypt, highlighting governmental and private efforts to boost tourism
With a kind smile on her face, the 30-year-old Nubian wife and mother Marwa Mohamed usually gets up early at 7 am every day, ready to prepare breakfast for the tourists she hosts in her house. After the sharp drop in tourism sector in 2011 and the subsequent economic instability, Mohamed along with many other families in Nubia are currently earning their living by opening their homes to tourists from across the world
An authentic oriental architectural design that takes its guests back in time to the enchanted Arabian Nights; Al Moudira Hotel in Luxor has managed to gain popularity in a short period of time, attracting worldwide icons like Mick Jagger, Kate Moss, and Christian Louboutin. Aiming to explore the hidden gems of Upper Egypt, General Manager of Al Moudira boutique hotel Zeina Aboukheir sits with Invest-Gate to share her hotel’s success story, highlighting her views on the hospitality sector's current status and challenges
Events catering to the interests of high-end potential clients and enthusiasts of young talent may contribute to heightening tourist, as well as, real estate investment inflows in the long term, experts say. Among those is the inaugural edition of the El-Gouna Film Festival, the brainchild of Egyptian billionaire and OTMT Chairman Naguib Sawiris. Invest-Gate looks into what EL-Gouna’s international ongoing events mean for the prospective investment climate nationally and in the resort town.
