Latest in Tag: ain sokhna Highlight
Latest in Tag: ain sokhna
Increase in hotel bookings over Eid Al-Adha holiday: tourism sector
Accommodation in Alexandria ranges from EGP 700-1,700 per night; this price increase is due to higher operation costs in the past period, especially food products
Kandeel Group to invest in New Administrative Capital
The company intends to inject large investments over the next three years to launch new projects, said Abd El-Mohsen Kandeel
Abraj Misr expects EGP 1.6bn in sales by year’s end
Abraj Misr to increase prices of units by 40%, in 10% increments every three months, says commercial director
Marseilia targets sales of EGP 1bn, 824 housing units in 2016: chairperson
The company is implementing projects worth EGP 1.7bn in Alexandria, North Coast, and Ain Sokhna
Polish consortium considering establishment of industrial area at SCZone
Polish government delegation to visit the region before the end of July, say sources
Suez governor bans fishing, swimming as investigations into shark attack continue
The decree issued on Sunday comes as the investigation into the causes of the accident continues in collaboration with the Central Administration for Biological Diversity and the Ministry of Environment
Shark attacks man in Ain Sokhna resort
The shark is of the Mako species, and inspections of the area are underway, says Environment Ministry
EGAS to rent gasification ship located in Jordan with 500m cubic feet capacity
Gas line with Amman to re-open this summer, importing 200m cubic feet daily
Siemens’ Fortuna power plant to be model for Borolos, New Administrative Capital, and Beni Suef
Siemens will construct a desalination station and a €70m turbine blade factory in Ain Sokhna, says Amin
SCZone receives new request to allocate 5 sqkm to industrial development system in Ain Sokhna
We study financing mechanisms of infrastructure projects in East Port Said, bonds are suggested as alternative, says Darwish
Madaar Development to invest EGP 700m in Azha in 2016
Gasser Bahgat, chief executive of the company, said in a press conference that investments include contracts throughout the year to begin construction on 1.6m square meters of the Azha project in Ain Sokhna.
Al-Sisi approves establishing phosphate and fertiliser factories in Ain Sokhna
The cluster’s production capacity amounts to 1m tonnes per year, says presidential spokesperson
Egyptian pound devaluation has positive impact on tourism: Colliers official
Creation of Suez Canal is a catalyst to build a new tourism hub, and Ain Sokhna particularly in the immediate future, says Head of Hotels (MENA) at Colliers International
Mountain View studies listing on EGX in 2017: CEO
By the end of the year, the company will deliver two real estate projects in the Fifth Settlement and in 6th of October City, says Soliman
Shipment of liquefied natural gas arrives in Ain Sokhna
We repay the value of liquefied natural gas periodically: Abdel Badie
Misr Italia announces new project in Ain Sokhna
Company announced plant expands with projects in other areas in Egypt
Low Russian tourism flow weakens hotel Easter occupancy: El-Zayat
Occupancies in Alexandria, Sharm El-Sheikh and Hurghada hotels range between 50%-60%, falls below sector expectations
None of $142.2bn summit investments go to Suez Canal Axis
The housing, transportation, petroleum, tourism, and investments sectors won the largest of this amount, but no statement has been made regarding Suez Canal Axis investments.
State of alert prevails in tourism investment in 2015: GATD official
Tourism investment awaits travel influx to increase revenues for hotels, resorts construction, and return to pre-25 January investment rates
500-600sqkm expected for projects in Suez Canal: Yehia Zaki
Master plan will be finalised in February
GE shows willingness to participate in renewable energy plants: Cabinet
Ongoing consultations with international energy partners in the US and China to take advantage of expertise in power generation, says electricity minister
Transport ministry, Suez Canal Authority reject Port Said pier allocation to import gas: Petroleum ministry
Ain Sokhna port to accommodate two ships, as Port Said is not economically feasible, says Dahi
Investors issue note to tourism minister refusing Red Sea ports coal expansion: TIA chairman
The Tourism Investors Association (TIA) in the Red Sea and Ain Sokhna will issue a note to the Tourism Ministry regarding damage from imports of coal. The Ministry of Transportation has been using ports along the Red Sea coast to receive imported coal. On Monday, the ministry chose Safaga and Al-Adabiya Ports close to Ain …
DP World plans to acquire 10% of goods traded globally
Discussions are underway to expand operations at Ain Sokhna Port
Tourism ministry aims to expand foreign investment: Ministerial advisor
Ministry of Tourism is working to attract investments worth $5bn before 2020, will offer mega investment opportunities during the economic summit in March 2015
Carbon Holdings increases investments in Tahrir Petrochemical Complex to $7bn: Company chairman
Carbon Holdings has increased investments for the Tahrir Petrochemical Complex, set to be constructed in Ain Sokhna, to $7bn, said Carbon Holdings’ Chairman and Managing Director Basil El-Baz. El-Baz added that 65% of the project will be financed by bank loans, while the remaining 35% will be self-financed. He expects the necessary contracts for obtaining …
TDA to offer 4 investment opportunities for projects in Ain Sokhna: Tourism minister adviser
Tourism Development Authority will offer four investment opportunities for integrated development in Ain Sokhna on an area of over 500,000 square metres each
EGAS to offer limited international tender on gas for electricity imports
The tender will be awarded before the end of the year for the gas supply to begin in January 2015.
Suez Canal development plan to be presented in January 2015: SCA official
Suez Canal Authority expects consortium tasked with preparing the plan to be announced soon
UAE, Saudi Arabia provide Egypt with $2.6bn in grants in Q1 2014
Egypt has made various offers to the UAE, Saudi Arabia and Kuwait regarding a number of projects, including the establishment of laboratories for refinement areas in Ain Sokhna, the North Coast, Alexandria and Upper Egypt.