CNN Names Egypt Among Top 21 Go-To Places in 2021

CNN Travel has featured Egypt among its newest list of top "21 Places to Go in 2021," indicating that the Grand Egyptian Museum (GEM) will turn heads upon inauguration this year due to its proximity to Giza Pyrami ...

El Gazzar Explores Ways to Rush Execution of New Alamein’s UNIL Campus

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has held an expanded meeting to discuss ways to begin implementing the international branch campus (IBC) of Egypt's first hospitality managemen ...

Egypt’s Hotels Worst Hit in MENA Region Amid COVID-19: Colliers

Colliers International’s latest MENA Hotels Quarterly Review (Q3 2020) shows that Egyptian hotels have been the region’s worst-hit so far by COVID-19, with occupancy going down at least 50% during this year, despi ...

All Red Sea Hotels to Reopen by Summer’s End: Official

Chairman of the Egyptian Hotels Association in the Red Sea Alaa Akel forecast that all Red Sea hotels are projected to resume operations by next October or November, however, at low occupancy rates.

Tharaa Undertakes Old Cairo’s Bab El Azab Renovation Works

Egypt's newly-introduced sovereign wealth fund (aka Tharaa) received on December 18 the Cabinet approval to hold the rights to overhaul the main entrance of Salah El Din Citadel, or "Bab El Azab," under a 49-year ...

Foreign Reserves Hit All-Time High of USD 45 bn in August: CBE

The Central Bank of Egypt (CBE) has revealed that nearly USD 53 mn were added up to the country's net foreign reserves in August, logging USD 44.969 bn from USD 44.917 bn in the previous month.

Phase I of Hurghada Development Plan Done

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 ...

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