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Germany’s TUI plans to increase arrivals to Egypt by 25% this year
TUI is planning to increase bookings to Egypt 20-25% y-o-y in 2020, the local press reports, citing a source close…
Luxor-Sharm El Sheikh flights to launch this week
Egypt’s first direct flight between the Red Sea resort city of Sharm El-Sheikh and the Upper Egyptian city of Luxor…
EGP surges to new three-year highs against the greenback
CURRENCY WATCH- EGP surges to new three-year highs against the greenback: The EGP rallied yesterday to its highest value against…
Qatari Diar to inaugurate Egypt’s St. Regis Cairo in 1H2020
Qatari Diar is planning to inaugurate its St. Regis Cairo Hotel on the Nile Corniche in the first half of…
Egypt tourism expenditure to nearly double in by 2024 -Colliers
Tourist spending in Egypt is expected to hit USD 29.7 bn in 2024 from USD 16.4 bn in 2019, according…
Marriott to open St. Regis branch in new administrative capital in 2Q2020
The Marriott-owned luxury hotel chain St. Regis is set to open a branch in the new administrative capital’s Almasa Royal…
Tourism Ministry aims for USD 15 bn tourism revenues in 2020
Egypt targets USD 15 bn in tourism revenues this year: The Tourism and Antiquities Ministry is looking to bring in…
Al Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation
Al-Sharif Group Holding (ASG) will sign a contract to renovate the Shepheard Hotel next month, Holding Company for Tourism and…
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