Amer Group has won a tender to develop the Ras Ghamila diving destination in Sharm El Sheikh with EGP 3 bn in investments, Mervat Hataba, chairperson of the state-owned General Company for Tourism and Hotels (better known as EGOTH), told Youm7.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
New tax breaks aim to revive EGX listing appetite
Newly listed companies will receive a 30% reduction on payable…
How Egypt’s fintech players can own the digital Eidiya evolution
💸 Eid traditions in Egypt (and the region) have held…