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Infrastructure 
More help for the tourism industry
Subsidized loans designed to help tourism companies fund capex can now cover up to 90% of a project’s renovation costs,…
Tourism revenues still below 2019 comps, but El Enany raises 2021 target
Tourism revenues in 1Q2021 are down almost 60% compared to pre-covid 1Q2019, with Egypt losing out on some USD 600…
Egypt a member of the “fragile four” club
Egypt is one of the countries most vulnerable to a tourism slowdown: Egypt is among four “fragile” emerging economies that…
About those Russian flights …
The resumption of Russian flights to Egypt’s Red Sea resort towns may be further away than previously thought after Moscow…
Catch up quick: Israeli airstrike kills nine Palestinian kids + KSA to require unvaccinated travellers to quarantine
Other stories on our radar as we head into this holiday long weekend: Israeli airstrike kills nine Palestinian kids: Israel…
Hotel occupancy outlook in Cairo + Sharm on the up
Colliers International has revised upwards its 2021 outlook for hotel occupancy in Cairo and Sharm El Sheikh in its latest…
Also on our Radar on 9 May 2021
Women are permitted under Islam to hold senior positions in the judiciary and Dar Al Iftaa, Al Azhar’s Grand Imam…
Ka-ching
Tourists’ average spending in Egypt this year is expected to come in at USD 95 per night, Deputy Tourism Minister…
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