Category: Egypt

Egypt Revolution: Latest reports direct from the ground in Hurghada.

The current position in Hurghada remains positive and unaffected by recent events in Cairo. Royal Beach itself is in line and slightly ahead of the construction schedule and I’m also really pleased to report that the last 7 days have seen increased tourist figures to the region. While Hurghada is very much a tourist resort… Read more »

Spotlight on Hurghada

Hurghada, Fraintesa.it, Flickr

Arguably a city in its own right, Hurghada is a well-established destination that provides much of the focus for tourists in the area; whose numbers are ever increasing in line with the continuous development of Hurghada’s local infrastructure. Hurghada International Airport has just begun to open its second terminal, visitors within 12 months are expected… Read more »

Spotlight on Sahl Hasheesh

Sahl Hasheesh, xGrape, Flickr

Quite simply, the resort of Sahl Hasheesh is 5-star living. Located just 25 minutes from the Hurghada’s international airport, the town is home to a number of top quality hotels, a 12-kilometre beachfront and a top class marina and yacht club set to become the largest Marina in the Red Sea. The sum of around… Read more »

Egypt’s economy

One Egyptian Pound, nozoomii, Flickr

Occupying the northeast corner of the African continent, Egypt is bisected by the highly fertile Nile valley, where most of its economic activity takes place. With direct access to Africa, Europe, Asia and the Middle East; Egypt is home to a number of large manufacturers due its strategic geographical location. Over the last two decades,… Read more »

Tourism in Egypt

Egypt beach, ~*~Phylli~*~, Flickr

Whilst its world famous heritage sites have always attracted tourists in their droves, Egypt, and particularly the Red Sea Resorts, has become increasingly popular over recent years amongst holidaymakers for a number of other key factors. Centrally positioned, Egypt’s geographical location attracts visitors from across Europe, the Middle East, Asia and Africa. Having access to… Read more »

Beyond the BRICs

The New Year brings new predictions for the key places to invest in 2011. Influential investment forecasters have expressed their opinions on the future growth economies and whilst these vary amongst industry experts, a select few have consistently been tipped as the ones to watch. It was Jim O’Neill, Chairman of Goldman Sachs Asset Management… Read more »

Consumers in Emerging Markets drive property growth

Ordained to become the world’s leading economies, Credit Suisse have conducted a detailed study into the consumer outlook of emerging markets to gauge how domestic demand will evolve with rapid economic growth. Egypt, China and Russia were amongst the 7 carefully selected nations chosen for their predicted growth and future importance to the world’s economy…. Read more »

Strong property growth predicted in MENA 2011

Property investors have turned their attention to the MENA (Middle East North Africa) region following impressive growth predictions from several industry experts. The IMF has stated that it expects the MENA region to experience GDP growth of 5.1% in 2011; significantly higher than the global average of only 4.2%. The strong economic growth associated with… Read more »