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Egypt allocates 1,000 sqm in South Sinai for Neom
Al-Sisi, bin Salman set up $10bn joint fund to develop resorts of Sharm El-Sheikh, Hurghada
Investment Ministry allocates $947m for development projects in South Sinai
The ministry put a plan to establish a free zone in each governorate to improve the investment climate: Nasr
South Sinai returns to scope of militancy after period of calm
The attack that left one lower ranking officer dead was followed by contradicting statements and news reports
Egyptian second-home market: a growing investment and lifestyle trend
Unlike other popular second-home destinations, such as the Seychelles, Morocco, Malta, France, and Spain, Egypt’s second-home market is not dependent on international investors and appeals primarily to Egyptians, as only 2% are foreign investors, according to global commercial real estate leader Colliers International. Colliers released its latest white paper, focusing on the Egyptian second-home market. …
Tourism companies inspect fleets in anticipation of return of Russian tourism
Tourist transport was heavily affected by low tourism rates during the past six years
South Sinai gives investors of Sharm El-Sheikh beaches two months to pay fees: head of Tourism Investors Association in South Sinai
South Sinai governorate has decided to impose fees worth up to EGP 20m on beaches of the hotels that overlook the sea, according to area of the beach at each hotel
Alexandria University mourns students killed in bus crash
Death toll rose to 10, more than have been 40 injured
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Shoe store owner allegedly slaughters non-commissioned police officer in South Sinai
Police forces in South Sinai arrested the defendant as he was trying to escape, says state newspaper
Germany lifts final restriction on flights to South Sinai: Foreign Ministry
The Ministry of Foreign Affairs said on Tuesday that the Egyptian embassy in Berlin was able to lift the last restriction on German flights to Sharm El-Sheikh and South Sinai. In a press release, the ministry said that the German federal ministry of transport and digital infrastructure decided to exempt German airlines from flying 26,000 …
Interior Minister decides establishment of central prison in South Sinai
The prison will be allocated to those who received judicial verdicts and are based in South Sinai
Red Sea and South Sinai hotel occupancy stable in past few weeks
Influx of German tourists expected in January after resumption of flights
Third field army repels multiple militant attacks near central Sinai, kills 9
Enhanced security presence in North Sinai has pushed “Sinai Province” militants to carry out attacks in central Sinai, said army sources
South Sinai deputy security director injured in armed attack by militants
5 police officers also injured when anonymous militants opened fire against forces during security sweep in South Sinai
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Al-Kamal travel organises two trips to Dahab and Nuweiba
Investments to South Sinai amount to more than EGP 15bn, but every year the state misses out on millions of job opportunities that could have reduced the unemployment rate, according to Gad
Hotels launch offers to attract holidaymakers in summer: tourism experts
Average occupancy rates up to 30% in Cairo, 50% on the Red Sea, 40% in South Sinai, more than 80% in Alexandria and at the North Coast
South Sinai hotels buy 80% less soft drinks in past seven months: suppliers
There is fierce competition among suppliers for Cairo hotels which have highest occupancy rates
Thomas Cook extends flight ban to Sharm El-Sheikh until 2017
Egypt’s tourism sector has lost 62% in revenues over the past five months
Egypt to offer 49m square metres of land to tourism investors within days: Tourism Development Authority CEO
In his interview with Daily News Egypt, Saad said that the government will offer a total of 49m square metres
If Russian, British flight suspensions continue, sector’s losses will be exacerbated: Hisham Ali
Russian and British tourism represent the largest influx to South Sinai resorts; until flights are restored the sector will continue to suffer huge losses, says head of South Sinai tourism association
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40% decline expected in diving tourism following sovereignty transfer of Sanafir, Tiran to Saudi Arabia: diving chamber official
Tourism sector losses will increase as more than 60% of diving centres and marine activities in the Sinai Peninsula closed during 2015
Red Sea, South Sinai resorts expect Egyptian holidaymakers to increase occupancy: politicians
Egyptian tourism in severe decline since the Russian plane crash last October
Tourism companies approved for using SUVs on asphalt roads in South Sinai: ETAA report
$300m safari trips income before 2011, 80% decline over past five years due to security turmoil in Egypt
12 police conscripts killed in South Sinai road collision
The interior ministry issued an official statement reporting number of casualties due to the accident
EGP 6bn losses in tourism sector in Sharm El-Sheikh in 3 months: South Sinai Governor
Governor of South Sinai Major General Khaled Fouda said the tourism sector in Sharm El Sheikh recorded losses of EGP 6bn over the past three months
Egyptian-American investors’ alliance buys 3 hotels for $52m in South Sinai and Red Sea: Tourism sources
Egyptian tourism sector may be good opportunity for foreign investors currently, as many hotel owners seek to exit business after five years of losses
Russia cancels licenses for Turkish tourism companies that organise trips to Egypt: South Sinai Investor
Egyptian government has to move quickly if Egyptian tourism companies are to enter Russian market, says Abdel Latif
Little progress in addressing growing investor debt in South Sinai tourism sector
EGP 53.7bn of the EGP 625bn in total investment financing granted by banks currently in stalled repayment plans
South Sinai hotels occupancy varies in last week of November
Zaazou says ban of flights from UK and Russia costs tourism EGP 2.2b per month and hopes revenues will reach $6bn by end of 2015
EMRA to launch tender to search for gold in Western Desert, South Sinai
Selling 20 terms brochures for prospecting for mining materials in nine areas
Saint Catherine: Where the sacred meets adventure
The area is highly visited during the winter since one can experience the lowest temperatures in Egypt and the humidity is very low.