TOURISM

19 May 2019

Egyptian museums’ revenues increase by 70.5% in 2018: CAPMAS

Egypt’s historical sites and museums generated about EGP 169.02m in revenue last year, compared to EGP 99.13m in 2017, an increase of 70.5%, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

On"...

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19 May 2019

Egypt ranks 4th among top nationalities visiting Saudi Arabia for Umrah

Egypt ranked fourth in terms of the world’s top nationalities that visit Saudi Arabia last week to perform the Umrah (lesser pilgrimage), estimated at 510,119 pilgrims until 11 Ramadan (16 May), according to the cumulative statistics of the weekly Umrah Index of the ministry of hajj"...

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15 May 2019

Pyramisa Hotels reports profit of EGP 12M in 1Q2019

ArabFinance: Pyramisa Hotels and Touristic Villages Co. (PHTV) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The"...

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15 May 2019

Number of Italian tourists visiting Egypt rises 40% in 2019

Cairo: Egypt witnessed an increase in the number of tourists visiting the country, supported by political stability, Tourism Minister Rania Al-Mashat, said on Monday.

The number of tourists visiting the North"...

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15 May 2019

Egypt’s hotel market sees 34% surge in Q1

Cairo: A report conducted by Colliers’ MENA presented a positive outlook regarding this year’s Egyptian hotel markets including the markets in Cairo, Hurghada, Sharm El-Sheikh, and Alexandria, asserting that the hotel market has witnessed 34 percent growth so far.

“In"...

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15 May 2019

Dream Cruises Selects SES Networks’ Game-Changing Connectivity for Cruise Fleet

(AETOS Wire) -- Dream Cruises, a brand of Genting Cruise Lines, has selected SES Networks’ Signature Cruise Solution to provide exceptional speeds, low latency, and unmatched fibre-like service to its passenger ship fleet, comprised of World Dream, Genting Dream and Explorer Dream, for the Asian luxury market, SES announced today. Crew and guests of the newly-launched Explorer Dream will experience exceptional SES-powered guest connectivity onboard the 75,000-gross-ton, 2,000-passenger ship. The SES Networks’ solution will also be introduced onboard Genting Dream in September this year, completing the fleet-wide implementation that......

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14 May 2019

Egyptian Resorts widens losses in Q1

ArabFinance: Egyptian Resorts Company (EGTS) announced Tuesday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2018, and ending March 31, 2019.

The company posted consolidated"...

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12 May 2019

Virginie Viard Embarks on a New Journey

Slowly overcoming the shock and sadness surrounding Karl Lagerfeld’s sudden death, Chanel has recently welcomed the dawn of a new era led by Virginie Viard, the house’s new creative director. As Lagerfeld’s successor, the designer presented her first solo show for the"...

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12 May 2019

Egypt’s hotel market sees average 34% RevPAR growth in Q1 of 2019

Egyptian markets, such as Cairo, Hurghada, Sharm El-Sheikh, and Alexandria, continue to experience strong growth in performance levels, according to the Colliers’ MENA hotel full-year forecast 2019 report.

“In"...

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12 May 2019

Egyptian Travel Agents Accusation reports 18 violating companies to Umrah rules

Egyptian Travel Agents Accusation (ETAA) presented a memorandum to the minister of tourism for cancelling the membership of 18 travel agencies not only from the chamber’s membership, but also from the Egyptian Tourism Federation due to their violation of Article 9 of Law No 38 for"...

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