Minister of Investment Mahmoud Mohieddin inaugurates Monday 26/5/2008 the 2nd Euromoney Conference on Real Estate Finance, to be attended by Housing Mnister Ahmed El-Maghrabi, Tourism Minister Zohair Garana and a number of businessmen and bank representatives.
The Doing Business 2008 Reformers’ Club celebrated and showcased the achievements of the global top 10 reforming governments in 2007.
Capital Intelligence (CI), one of the leading international emerging market rating agency, announced today, that Egypt’s credit rating has changed from a risk to an investment rating.
Interest in the investment property market in Egypt is beginning to awaken as the wider world becomes aware of the incredible investment opportunities.
All eyes are on Egypt and its economy at the moment as the Egyptian government continues its aggressive series of reforms.
The World Travel & Tourism Council released a special report on the impact of Egyptian aviation policies on the country’s Travel & Tourism.
With ever increasing numbers of tourists flocking to Egypt’s Red Sea Riviera, the area’s different airports are all undergoing various levels of expansion and upgrading.
Amman, Jordan (December 2006) - DAMAC Properties, Middle East’s largest private-sector luxury property developer, today announced its entry into the Egyptian real estate market came with the launch of its 320 million sq. ft., Gamsha Bay project. This project is the largest development of its type in the region, and it comes to life with an abundance of facilities.
Hurghada was founded in the early 20th century, and until a few years ago, remained a small fishing village. But today, it has gone on to become the foremost tourist resort of the Red Sea coast and an international center for aquatic sports. If it takes place in or on the water you can do it here: windsurfing, sailing, deep-sea fishing, swimming, snorkeling and diving.
Jordan's Shaheen Business and Investment Group announced it plans to develop a $2 billion tourist resort at Sahl Hasheesh, 21 kilometers south of Hurghada on Egypt's Red Sea coast. Construction will take three years beginning in early 2007, said a Shaheen official. The project will be built on 3 million square meters of land that the Shaheen Group bought from the Egyptian Tourism Resorts Company last month.
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