Results for: Egypt

Egypt has sworn in a new Cabinet, led by Prime Minister Mustafa Madbouly, amidst an ailing economy, surging inflation, and ongoing conflicts in neighboring countries. The new government faces a multitude of challenges, including economic mismanagement, the impact of the war in Ukraine, and the resurgence of Houthi attacks on Red Sea shipping routes. Key changes in the Cabinet include the appointment of a new finance minister, a former World Bank economist tasked with implementing economic reforms, and a new foreign minister, a seasoned diplomat with extensive experience in European affairs.

Italy has announced significant investments in Egypt’s infrastructure and sustainable mobility, focusing on railway development, smart transportation, and environmental sustainability. The initiatives, part of the ‘Mattei Plan for Africa’, were unveiled at the EU-Egypt Investment Conference in Cairo and include partnerships for building a luxury tourist train, upgrading railway signalling systems, and developing intelligent transport solutions.

Milan Bergamo Airport welcomes Nile Air’s new service to Cairo, offering three weekly flights on state-of-the-art Airbus A320 aircraft. The new route provides convenient access to Egypt’s vibrant capital and connects travelers to other destinations across North Africa and the Middle East.

IHG Hotels & Resorts has partnered with Arkan Palm for Real Estate Investment to bring the first Holiday Inn Express to Egypt, marking the company’s continued expansion in the region. The new hotel, Holiday Inn Express West Cairo 205, is scheduled to open in 2027 and will cater to the needs of modern travelers seeking affordable, comfortable accommodations in a strategic location near popular attractions.

Egypt has taken decisive action in response to a tragic incident during the Hajj pilgrimage in Mecca, revoking the licenses of 16 travel firms for violating safety protocols. The move underscores Egypt’s commitment to the safety of its citizens traveling abroad and highlights the need for robust oversight in the tourism sector, particularly for religious pilgrimages.

The Egyptian government has taken swift action against 16 tourism companies following the deaths of over 1,100 pilgrims during this year’s Hajj pilgrimage, many linked to extreme heat. The companies facilitated illegal travel for pilgrims to Makkah, with a significant number of Egyptian deaths attributed to unregistered pilgrims utilizing personal visit visas. The Saudi government has defended its management of the pilgrimage, highlighting the quota system and lottery for permit allocation. However, high costs have led to an increase in unregistered pilgrims, many risking arrest and deportation.

Egypt has taken action following the deaths of over 530 Egyptian pilgrims during this year’s Hajj pilgrimage in Mecca, revoking the licenses of 16 tourism companies and referring them to the public prosecutor. The crisis unit formed to address the situation has condemned the companies’ negligence in providing essential services, including medical assistance, and their failure to obtain proper Hajj visas for the pilgrims, denying them access to Saudi medical services. The unit also criticized the lack of adequate accommodation provided by the travel agencies, contributing to exhaustion and health complications among the pilgrims in the extreme Mecca heat.

Movenpick Resort El Quseir in Egypt has been recertified by Green Globe, achieving an impressive 95% compliance score. The resort, which first received certification in 2011, maintains its Platinum status, showcasing a decade of sustainable practices. The resort’s commitment to environmental stewardship and community engagement sets an example for sustainable hospitality in the region.

For Metier’s founder, Sarah Morris, celebrating her 40th birthday was about more than just a party. She embarked on a meticulously planned journey along the Nile River, embracing the beauty of Egypt’s history and landscapes. This journey, filled with explorations, friendships, and unexpected moments, perfectly embodies Morris’s attention to detail and love for adventure.

The International Monetary Fund (IMF) has reached an agreement with Egypt on a loan program review, unlocking around $820 million for the North African country. The loan is contingent on Egypt carrying out deep structural reforms, including enhancing the private sector’s role in the economy, tackling inflation and debt, and shifting to a more flexible exchange rate. Despite ongoing challenges, Egypt has shown progress in improving foreign exchange availability, slowing inflation, and boosting private sector sentiment. However, economic risks remain due to the regional tensions and their impact on the Suez Canal’s revenue.