Tourism News
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Remco’s standalone losses drop 88% YoY in 9 months
Remco is an Egypt-based company that operates in tourism and entertainment projects development and construction.
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Africa looks forward to return of Chinese tour groups, with Egypt, South Africa and Kenya first in line
Qin discussed increasing Chinese tourism to Egypt with Egyptian President Abdel Fattah El-Sisi and the country’s foreign minister, Sameh Shoukri.
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Egypt shows strength at the world's largest boat show
With 31 exhibitors Egypt was one of the strongly represented countries at Boot 2023 in Düsseldorf. Diving in Red Sea and yacht tourism was the focus.
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500K visitors to the Cairo International Book Fair in 3 days
The Cairo International Book Fair witnessed large public turnout during its 54th session, with 500,000 visitors over three days.
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Sturdy growth sees occupancy rates in Cairo’s hospitality sector jump to 64% in Q4 2022
Hotels in Cairo see a rebound as revenue per available room (RevPar) shoots up by almost 122%.
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4,300-year-old mummy covered in gold discovered in Egypt
Archaeologists have discovered a gold leaf-covered mummy inside a sarcophagus that’s been unopened for 4,300 years.
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Red Sea governorate receives 4 million tourists in 2022
Resorts and hotels in the Red Sea governorate received more than four million tourists of different nationalities in 2022.
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Egypt holds first Tourism and Tasting Festival in February
The Cairo Tower announced that it will host the Tourism and Tasting Festival, under the auspices of the Ministry of Tourism.
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New River cruises are setting sail in Europe, Egypt, and the U.S. this year
These are the new river cruise experiences to book in 2023.
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Egypt will operate 2nd Talgo train on Cairo-Luxor line on January 27
The Egyptian Minister of Transport, Kamel al-Wazir, said that the second Talgo train will be operated on January 27, on the Cairo-Luxor line.
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Egypt to offer 30% stake in 7 state-run hotels to GCC funds within 2 months
One of the sources said that TSFE is undergoing the final stage of the pre-IPO evaluation.
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Grand Egyptian Museum at 100% completion, ticket prices announced
Chief archaeologist at the Ministry of Tourism and Antiquities, Magdy Shaker, assured that the opening ceremony of the GEM will be “legendary”.
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Fitch Solutions expects 52 million tourists to visit Egypt till 2026
It said that Egypt enjoys a distinguished geographic location in addition to different types of tourism.
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Travco Group to boost hotel capacity in 2023 with EGP 7B in investments
The group will directly finance 60% of the investments, with the remaining to be funded through loans from banks, the CEO revealed.
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Misr Hotels’ net profit increases by 129.7% in 6 months
Misr Hotels is an Egypt-based joint stock company engaged in tourism investment activities.
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Gov't denies intention to sell flag carrier "EgyptAir"
The Ministry stated that the company continues its path of advancement and preserving workers, based on its national and societal role.
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Egypt extends route of Giza-Aswan high-speed electric train to Abu Simbel
The ministry explained that the move will support tourism flow, facilitate the movement of citizens, and help transfer crops and agricultural products
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Hurghada ranks as 2nd best tourist destination in the Middle East for 2023
Egypt’s capital Cairo came in third place, while the city of Jerusalem came in last. The list also included Qatar, Bahrain, Oman, and Jordan.
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Egypt-China direct flights to increase soon, return to pre-pandemic level
Chairman & CEO of EgyptAir Yehia Zakaria said around 1,200 Chinese tourist companies and travel agents have asked to organize tourist flights to Egypt