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Sharm, Hurghada hotels maintain touristic hotspot status; 84%, 72% forecasted growth respectively: Colliers

Sharm El-Sheikh and Hurghada hotels continued to grow from their low performance in the first quarter of 2017, and maintained their status as touristic hotspots with a forecasted growth of 84% and 72% respectively in revenues per available rooms (RevPAR), according to Colliers International’s The MENA Hotel Forecast January 2018 report. The witnessed rebound is …

Mohamed Samir

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Airbus delivers 718 aircraft to its customers by end-2017

Last year, Airbus delivered 718 aircraft to 85 customers around the world, marking an increase of 4% in deliveries over 2016, when 688 planes were sold. According to a statement issued by the company, of which Daily News Egypt obtained a copy, the aircraft delivered in 2017 included 558 aircraft from the family of single-aisle …

Ahmed Saad

Rania Al-Mashat, deputy governor of the Central Bank of Egypt (CBE Public domain

Rania Al-Mashat: from IMF to Tourism Ministry

The Egyptian Parliament approved on Sunday the appointment of Rania A. Al-Mashat as tourism minister, replacing Yehya Rashid. Al-Mashat previously served as a senior economic adviser to the International Monetary Fund (IMF), which made her the first Egyptian woman to hold the position. Al-Mashat obtained a BA in Economics from the American University in Cairo …

Hossam Mounir

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EgyptAir awaits notification from Russia to start booking Moscow flights

EgyptAir is awaiting notification from Russian authorities on the approved flight schedule that was sent to the Russian side after Russian President Vladimir Putin signed a decree to resume flights between Cairo and Moscow in February. A source at the company told Daily News Egypt that as soon as the schedule is approved (three weekly …

Ahmed Saad

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Dahab, the Red Sea’s golden city

Surrounded by sparkling turquoise water on one side, and majestic mountains and desert on the other, the city of Dahab, a small coastal town, with a population of around 15,000, extends along the Red Sea coast in the Sinai Peninsula. At first, you would think that Dahab isn’t the first destination that will pop in …

Mohamed Samir

5 1 1 the Holy Virgin Mary Monastery in Assiut

Visit the Holy Virgin Mary Monastery in Assiut

Egyptian churches have made all preparations to host Orthodox Christians who will celebrate Orthodox Christmas on Sunday January 7, marking the end of their 44-day fast. The Holy Virgin Mary Monastery in Doronka, Assiut is one of the major Christian worship places that will receive thousands of people for this occasion. Located about 10 kilometres …

Mohamed Abdel Megeed

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CBE extends tourism support initiative to December 2018

The Central Bank of Egypt (CBE) decided to extend its tourism support initiative to December 2018, an initiative that was originally launched in December 2015, according to a press statement released by the bank on Thursday. The initiative aims to provide financing facilities to tourism-related activities, including the construction and renovation of hotels and tourist …

Mohamed Samir

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Miss Greece achieves ‘lifetime dream’, visits Pyramids 

With the aim of promoting tourism, Miss Greece 2017, Maria Psilou, visited the Giza pyramid complex on Tuesday, accompanied by Miss Egypt Farah Shaaban, according to a press release published by the Ministry of Antiquities’ official Facebook page. By visiting the world wonder, Psilou achieved one of her lifetime dreams—seeing the pyramids from the inside. …

Daily News Egypt

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7.5m tourists visited Egypt in 2017

The number of tourists that visited Egypt from the start of 2017 until November registered 7.5 million, marking a 54.7% increase compared to the same period in 2016, according to data released by the Egyptian government. Tourist arrivals are on an increasing trend, yet the number is still well below the peak of 14.5 million …

Mohamed Samir

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From Cairo to Aswan: enter Egypt’s thriving cycling scene

Walk into Galal Zekri’s office—the man behind the 10-day Cairo to Aswan NS Crossing (North to Sourth Crossing)—and you find a Google-like, colourful atmosphere, a map of the world, and a white board of the list of engagements and plans to start on. Talk to him, and you find the most inspiring young man, looking …

Yosra El-Zoghby

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Sharm, Hurghada hotels marked as touristic hotspots, 97%, 62%, forecasted growth respectively: Colliers

Sharm El-Sheikh and Hurghada hotels were marked as touristic hotspots with a forecasted growth of 97% and 62%, respectively in revenues per available rooms (RevPAR). The surge is a result of recovering from the effects of the Metrojet incident in 2015, according to Colliers International’s “The MENA Hotel Forecast November 2017” report. Moreover, the report …

Mohamed Samir

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732,700 tourists visited Egypt in September

The number of tourists who visited Egypt reached 732,700 in September, compared to 819,600 who came in August, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). CAPMAS noted that the number of tourists who visited Egypt during the period from September 2016 until the same month of 2017 revealed an increase in …

Daily News Egypt

Nuweiba

Nuweiba: Egypt’s paradise of serenity 

There is no place better than the Sinai’s Nuweiba, where you can capture the real essence of the desert: waking at sunrise, just moments before the sun peaks over the mountains, and diving into the water just as the sun rises amidst the clouds. When the night comes, people start gathering from nearby villages to …

Mohamed Samir

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Sharm El-Sheikh, Hurghada tourism hotspots in MENA: Colliers International

A forecast conducted by Colliers International for hotels of the Middle East and North Africa (MENA) region, for the three-month period from October to December 2017, has shown that Sharm El-Sheikh and Hurghada are the tourism hotspots of the region in that period. The report mentioned that Sharm El-Sheikh benefitted from higher leisure demand due …

Nehal Samir