Egypt’s North Coast residential prices soar 390% amid investment boom: JLL
Egypt’s North Coast is rapidly emerging as a sophisticated investment destination for luxury residential and hospitality developments, driven by large-scale infrastructure projects, government-backed master planning and growing international investor interest, according to a new report by JLL. In its latest
Egypt mandates strict environmental studies for new private ecotourism investments in Sinai reserves
Egypt’s Minister of Local Development and Environment Manal Awad mandated the prompt submission of detailed technical and environmental studies for proposed private sector ecotourism developments in Sharm El-Sheikh’s Peace Park and the Ras Mohammed and Nabq nature reserves. Awad held
Egypt sets 2030 tourism goal: 300,000 hotel rooms through investment reform
Egypt is charting an ambitious course to expand its hospitality capacity to 300,000 hotel rooms by 2030, according to Mostafa Mounir, CEO of the Egyptian Tourism Authority (ETA). The initiative forms part of a broader strategy to restructure tourism investment
Ptolemaic circular bath, Roman mosaic villa unearthed in Egypt’s Alexandria
Archaeologists in Egypt have unearthed the remains of a late Ptolemaic circular public bath and a Roman residential villa featuring multi-style mosaic floors in the Moharam Bek area of central Alexandria. The discovery, made by a Supreme Council of Antiquities
Al-Sisi approves Galala development plan, orders tourism, trade expansion
Egyptian President Abdel Fattah Al-Sisi has approved a comprehensive four-year development plan for Galala City on Egypt’s Red Sea coast, aimed at transforming the area into an integrated hub for tourism, trade, and economic activity. According to the presidency, Al-Sisi
Egypt courts German tour operators with strategic push to boost inbound tourism
Minister of Tourism and Antiquities Sherif Fathy held talks with Albin Loidl, President of the German Travel Association (DRV), alongside senior DRV official Volker Adams and a delegation of leading German tour operator executives, during a meeting at the Giza
EGP 80bn allocated in FY2026/27 budget to boost production, exports: Finance Minister
Finance Minister Ahmed Kouchouk said EGP 80bn has been allocated in the fiscal year (FY) 2026/2027 budget to programmes aimed at supporting and stimulating production, manufacturing, entrepreneurship, and exports of goods and services. The allocation includes EGP 48bn for export
Egypt unveils rare Roman-era tomb in Minya, illuminating ancient burial rituals
Egypt’s Ministry of Tourism and Antiquities has announced a major archaeological discovery at the historic site of El-Bahnasa in Minya, offering new insights into funerary traditions during the Greek and Roman periods. The find was made by a Spanish mission
Egypt, Kuwait discuss strengthening tourism cooperation
Egypt’s Minister of Tourism and Antiquities, Sherif Fathi, met with Kuwait’s Minister of State for Communications and Information Technology, Omar Saud Al-Omar – who also serves as Acting Minister of Information and Culture and Chair of the UN Tourism Regional
Egypt’s Aswan named D-8 Tourist City of the Year for 2026
Aswan has been named the “Tourist City of the Year” for 2026 by the Developing-8 (D-8) Organisation for Economic Cooperation after winning the majority of votes from member states. The Egyptian city secured the title, awarded for the second consecutive