Latest in Tag: Sharm El Sheikh Highlight
Latest in Tag: Sharm El Sheikh

Red Sea, South Sinai hotels stable on 25 January anniversary: Official
Occupancy rates in the Red Sea and South Sinai stabilised at approximately 55%, but decreased to less than 25% in Cairo

Egypt-Qatar ties improving, though disagreements persist
âWe will wait and see, but there is no meeting decision with Sheikh Tamim bin Hamad,â says Al-Sisi
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

Government to launch 4-year investment, development programme at Economic Summit: Mehleb
New investment law gives legal authority to GAFI to approve and facilitate project implementation, bankruptcy law ensures a safe exit for investors, says prime minister

2013 tourism crises continued into 2014: Experts
2014 inherited same crises faced by sector as 2013, including active labour migration and low occupancy

1,191 reported sexual harassment cases in 100 days: Report
82.3% of eye witnesses to the harassment do not interfere or help the victim, says Harassmap

Nuweiba-Taba investors request postponement of insurance premiums payment to end of 2015: Association Chairman
Decline of Tourism in Nuweiba-Taba led to hotels and companies’ inability to pay insurance dues
Suspect charged with âthreatening diplomatsâ in Egypt referred to court
Embassies recently froze their activities over unspecified âsecurity threats’

British Embassy in Cairo re-opens, security issues ‘resolved’
Relations with Egypt rest on âpeople â not a buildingâ: British Ambassador

Ministerial chamber to investigate embassy shutdowns: Tourism ministry official
Ministry seeking assistance from foreign and interior ministries to solve issues regarding embassy shutdowns in Cairo

Nuweiba-Taba Investors Association requests increased security measures
Investors Association requests Sharm El-Sheikh-style security measures due to fears of terrorist bombings targeting tourists

UK lifts travel restriction in central Upper Egypt
British ambassador looks to provide support for Egyptians

Economic Summit to be held from 13-15 March in Sharm El-Sheikh
Finance minister says deadline for parliamentary elections has not yet been determined and government steadily approaches completion of roadmap

Investors Association demands resumption of Saint Catherine flights
Despite transportation difficulties in reaching Saint Catherine, the area is rich with touristic landmarks

Tourist occupancies in Sharm El-Sheikh stable this week: Hotels Chamber
Occupancy rates remain at 55% despite October bombing in North Sinai

Government postpones Economic Summit to avoid Chinese New Year
Dispute surrounding Kuwaiti grant valuing $1bn, Ministry of Finance confirms its arrival, International Cooperation denies

Tourism ministry aims for 1 million British tourists by yearâs end: Official
Efforts have been stepped up to attract 1 million tourists from Britain this year through a presence in the World Travel Market

TAA to lower company and hotel participation costs in Warsaw Fair
Tourism authority aims for lower company and hotel participation costs at Warsaw Fair to increase tourism traffic this year
Egypt to present $1.5bn Cairo-6 October train plans at economic summit
International company offers to implement the project

400% tourism growth from UAE, Saudi Arabia and Jordan over last 3 months: TAA official
Promotional programmes conducted by Tourism Activation Authority led to significant increase, claims Shoukry

Tourism Ministry aims to raise Red Sea resorts occupancy for winter season
Ministry hopes to raise occupancy to over 80% in hotels by intensifying marketing efforts
Government chooses partners for economic summit conference
Tourism Ministry books 600 hotel rooms in Sharm El-Sheikh for participants, Finance Ministry offers 9 PPP projects
Solving investorsâ problems, legislative reform key to economic summit success: Prime Minister
Egypt to meet UAE, Saudi Arabia ahead of Sharm El-Sheikh investment summit in February

Gras Savoye France declares Egypt a regional hub for reinsurance in the Middle East and Europe: Hamid Mabrook, managing director of Gras Savoye Masr
By Mohammad Azab Gras Savoye Reinsurance Brokers recently announced the Arab Insurance Federation Conference, scheduled to be held in Sharm El-Sheikh and attended by a delegation of the groupâs representatives in Egypt and France. The conference will transform Gras Savoye Egypt from a reinsurance broker for Gras Savoye RE Egypt into Gras Savoye RE International …

Tourism companies demand widening Sharm El-Sheikh-Cairo road: ETAA Transport Committee chairman
The Egyptian Travel Agents Association requests that Sharm El-SheikhâCairo road be expanded in order to prevent traffic accident rates from rising further and protect lives
33 killed after 2 tourist buses collide in Sinai
Prosecution team has moved to the scene to find out the reason behind the accident

Tourism insights from around the world
By Omar Khedr Changing perceptions and successfully rebounding an entire industry is generally a herculean challenge. Â Representing approximately 6.5% of Egyptâs total Gross Domestic Product (GDP) as well as being an important source of foreign exchange, Egyptâs travel and tourism industry forms a vital bedrock of her economy. The industry benefits from several competitive advantages. …
Stimulus programmes for charter flights reconsidered to encourage tourism: Minister of Tourism
Ministry will reconsider stimulus programmes for charter flights to encourage travel to Egypt through introducing new programmes to support airlines economically
Protection for Ras Um Sid in Sharm El-Sheikh requires EGP 850m: South Sinai official
EGP 850m in funding require to avoid plateau collapse and destruction of 4,000 hotel rooms
âHard work and dedicationâ more important than donating to fund: South Sinai Governor
Major General and South Sinai Governor Khaled Fouda has donated his salary of EGP 5,000 to the Long Live Egypt fund, initiated by President Abdel Fattah Al-Sisi