Middle East hospitality and residential development boom led by Saudi Arabia, UAE and Egypt.
26.09.2023 Arabian Business
The seven hotels are owned by the Egyptian General Company For Tourism and Hotels (EGOTH).
07.08.2023 daily news egypt
Tourism Minister Ahmed Eissa said more than 25,000 hotel rooms will be ready by the end of 2024, noting that over 4,311 new hotel rooms were finalized
03.08.2023 Egypt Independent
Remco is an Egypt-based company that operates in tourism and entertainment projects development and construction.
02.08.2023 Zawya
The tourism industry contributes around 15% to the country’s gross domestic product (GDP) and is a key source of foreign currency.
27.07.2023 Zawya
The government is confident that Egypt can achieve its goal of attracting 30 million tourists by 2025.
20.07.2023 Daily News Egypt
Prime Minister Madbouli noted that the contracts are a milestone given that both areas were slums.
06.07.2023 Egypt Today
The project comes in line with the Egyptian government’s plan in preparation for the opening of the Grand Egyptian Museum by the end of the year
05.07.2023 Zawya
The government official said that the occupancy in Hurghada, Ain Sokhna, the North Coast and Alexandria are approaching complete occupancy.
29.06.2023 See news
Qatar Investment Authority (QIA) is reportedly in talks with Egypt to acquire up to 30 percent of seven state-owned hotels, according to Reuters.
15.06.2023 Ahram Online