: :inin Kyiv (EET)

Section: Egypt

2018 tourist season strong, occupancy up 20% since year beginning: Hilton
Nov19

2018 tourist season strong, occupancy up 20% since year beginning: Hilton

Officials at Hilton Group said that performance indicators are recovering as Egypt and Turkey revive their tourist market. They noted that occupancy grew by 20% since the beginning of the year. Carlos Khneisser, Hilton’s vice president of development for MENA and Turkey, said that the Egyptian economy is seeing the currency stabilise, along...

Egyptian exports to France up by 17% in H1 2017
Oct23

Egyptian exports to France up by 17% in H1 2017

Egyptian exports to France increased by 17% in the first half (H1) of 2017, scoring a value of €321.3m, up from €274.9m in H1 2016. According to the latest report of the Economic Department of the French embassy in Egypt, imports from France increased by 11% in the same period, reaching €915.9m, compared to €825.7m. Trade exchange between Cairo...

Travco Group allocates $120m for 4 hotels
Oct23

Travco Group allocates $120m for 4 hotels

Travco Group is working on founding four hotels in various tourist cities and is implementing a plan to renovate its fleet of tourist transport from local products. According to Hamed El Chiaty, the company’s CEO, $120m are allocated to create four new hotels in the cities of Marsa Alam, Safaga, Hurghada, and Marsa Matrouh, with 1,200 rooms...

Japanese tourism inflow to Egypt expected to increase: Deputy Tourism Minister
Sep29

Japanese tourism inflow to Egypt expected to increase: Deputy Tourism Minister

Deputy Minister of Tourism Adla Ragab, said that the chances of increasing Japanese tourism to Egypt are very high, with flights from EgyptAir between Japan and Luxor. Ragab added that Japanese tourism to Egypt is considered one of the most important wishing to visit the archaeological areas in Luxor and Aswan with higher expenditure rates of...

Metallurgical Industries Company receives 9 international bids for developing Iron and Steel Company
Sep15

Metallurgical Industries Company receives 9 international bids for developing Iron and Steel Company

Holding Company for Metallurgical Industries, one of Ministry of Public Sector Affairs’ companies, received nine international bids for developing and restructuring Steel Iron and Steel Company. These offers were submitted through the international tender, which was offered by the Holding Company for Metallurgical Industries on 21 April for...

Ministry of Tourism allocates $10m to promote Sharm El-Sheikh resorts
Aug10

Ministry of Tourism allocates $10m to promote Sharm El-Sheikh resorts

A number of tourism officials and investors said that the new promotional campaign for Sharm El-Sheikh will revive the city again, after a two-year boycott imposed by some countries. Hisham El Demery, chief of the Tourism Development Authority, said that the campaign will be conducted according to the investors’ vision, along with the...

Tourism Ministry reviews documents of 3 companies to disburse charter flights incentives
Jul20

Tourism Ministry reviews documents of 3 companies to disburse charter flights incentives

The charter flights incentives programme of the Ministry of Tourism is currently reviewing the paperwork of three Ukrainian and German airlines, to pay their dues for December 2016. A source at the ministry said that the review is in progress, as part of the framework aimed at encouraging airlines to fly more trips to Egyptian tourist...

Expectations of tourist bookings for winter season declined because of current conditions: Shalaby 
Jul20

Expectations of tourist bookings for winter season declined because of current conditions: Shalaby 

The vice president of the Tourism Investors Association in Marsa Alam Tarek Shalaby did not expect a high rate of bookings for the coming winter season because of the conditions experienced by the Egyptian tourist sector for more than four years. However, there haven’t been any consequences yet for the recent terrorist incident in Hurgada....

Tourism sector awaits reactions to events in Hurghada
Jul16

Tourism sector awaits reactions to events in Hurghada

The Ministry of Tourism, through its foreign offices and contracted private companies, began to measure the reactions and the repercussions resulting from the incident in Hurghada, which claimed the lives of four tourists from Ukraine and Germany. Executive director of Mind Share Riham El Sawy, which is part of the deal with JWT to promote...

Higher National Security Prosecution investigates Hurghada attack, Germany confirms 2 nationals killed
Jul15

Higher National Security Prosecution investigates Hurghada attack, Germany confirms 2 nationals killed

The German foreign ministry has confirmed on Saturday morning the killing of two nationals in a stabbing incident that took place in a beach resort in Hurghada Friday. A statement published on Saturday morning by the German embassy in Cairo said, “it has been confirmed that two German female tourists were killed in an attack in Hurghada....

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