Orascom Development Egypt's (ODE) flagship project on the Red Sea coast of Hurghada, Makadi Heights, will soon see integrated telecommunication services, under the signing of a cooperation agreement with Telecom Egypt - WE.

Colliers International revealed that Egypt currently has a small number of branded residential schemes, yet further developments are in the pipeline

Prime Minister Mostafa Madbouly has mandated the free allocation of four public lands in the Red Sea resort of Hurghada to the Social Housing and Mortgage Finance Fund (SHMFF).

London-based Euromonitor International said Egypt made a comeback on account of its tourism reform program, placing Cairo and Hurghada among the world's 100 most visited tourist cities in 2018.

Egypt's Red Sea resort of Hurghada is witnessing a comprehensive, three-phase development plan, with phase I newly completed as a prelude for agreeing on projects with the highest priority, in a way that will help boost tourism inflows all year round

Turkish chain Rixos Hotels has signed an agreement to manage its largest all-inclusive luxury resort on Egypt's Red Sea coast, coming as part of the joint venture partner Accor’s plans to expand its presence in the Middle East

Thomas Cook Group plans to open two new hotels within a couple of months in El Gouna, Hurghada, notably Cook’s Club and Casa Cook, as popularity augments for the all-year-round destination among vacationers.

Colliers International's "MENA Hotel Forecasts" 2019 report has presented a positive outlook for the performance of the Egyptian hotel market, asserting that the country's hotel market has witnessed 34% growth in Q1 2019

Rixos Hotels is set to announce new development projects across a number of Egypt's coastal areas during its participation in the 53rd edition of the ITB Berlin 2019, the world's largest tourism trade fair.

Colliers International MENA Hotel Forecast for 2019 has uncovered that Egypt's tourism industry will witness a boom this year, forecasting the Red Sea resorts of Hurghada and Sharm El Sheikh to become tourist hot spots in 2019, with anticipated growths of 13% and 12%, respectively, in revenue per available room (RevPAR).