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Egyptian hotel market revenue grows 34% y-o-y in 1Q2019
Revenue per available room (RevPAR) growth in Egypt’s hotel market grew 34% during 1Q2019 on the back of “relaxed” travel…
Russian security team begins safety inspections at Hurghada and Sharm airports
A team of Russian security experts have begun safety inspections at Hurghada and Sharm El Sheikh airports, a spokesman for…
Egypt in the News on 12 March 2019
There was more gas-related banter in the foreign press yesterday: Egypt’s new gas fortunes could help boost our geopolitical standing…
Russia “may” resume flights to Egypt’s Red Sea resorts in the near future
Do the Russians, at least, know what’s up? Direct flights from Russia to the Red Sea tourist destinations “fully” resume…
The first EU-Arab League summit gets underway
There’s still no Turkey-style agreement with the EU on migration, but politicians made some headway was the first day of…
GTI tourism to operate new flights to Hurghada from the Balkans
Global Travel International will begin operating weekly flights to Hurghada from Slovenia and Macedoniastarting June, according to Al Shorouk. Discussions…
Schneider Electric in talks over 35 MW solar plant
Schneider Electric is in talks with the Electricity Ministry over a 35 MW solar plant in Sharm El Sheikh, reports…
What we’re tracking this week and beyond
The CBE will auction USD 1 bn worth of one-year T-Bills today, and will settle the auction on Tuesday, according…
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