Red Sea Ports Authority to re-issue tenders for Dahab yacht marina

The Red Sea Ports Authority is planning to reissue the tenders for the USD 40 mn Dahab yacht marina project after President Abdel Fattah El Sisi’s visit to Riyadh, Al Borsa reports. The marina is aimed to increase tourism flow from Maqna in Saudi Arabia. The authority had first announced the project last year.