Month: June 2010

Jet2 launch new flights to Hurghada

Low cost airline Jet2.com has announced a new route to Egypt and is to commence flights from Manchester to Hurghada, the Red Sea hotspot, in October this year. Talking about the new route, Philip Meeson, owner of Jet2 said: “I’m delighted that our customers in the North-West will be able to take advantage of direct… Read more »

The future looks bright for Egypt property sector

Evidence is mounting to suggest that Egypt is ‘the next big thing’ in the property sector according to a recent article by Arabian Business. The article published at the weekend cites several factors as to why Egypt’s property industry is attracting such attention. These  include the country’s large population which currently stands at more than… Read more »

Egypt’s property market to outperform its neighbours according to Credit Suisse

Egyptian property stocks are set to outperform the rest of the MENA region over the next 12 months, a report by international bank Credit Suisse has revealed. The growth will be born from “strong domestic housing demand recovery that should filter through developers’ sales figures this year, especially on the middle income segment” according Credit… Read more »

Ras Al Khaimah: Al Marjan Island infrastructure 80% complete

Infrastructure works on Ras Al Khaimah’s Al Marjan Island are 80% complete, master developer Rakeen have announced today. Furthermore, the remainder of the works are on target to complete on schedule in 2012 with infrastructure including irrigation system, potable water system storm water system, rising main system and vacuum system in place ready for when… Read more »