The Saudi group has officially presented a proposal to the Cabinet, outlining its plan to develop around 10 hotels in the Sharm El-Sheikh area. These hotels will range from 4 to 5 stars and aim to offer a total of 3,000 hotel rooms.
Egypt's commodity exports surge by 5.3% to $9.6 billion in Q1 2024.
Topping the list of Egyptian companies was Mansour Group in the 3rd spot, with Elsewedy Electric in the 54th spot, El Araby Group in the 59th spot
The housing minister presented investment opportunities available in the fields of tourism, hospitality, and food manufacturing to the Saudi delegation
The proposed partnership aims to facilitate the exchange of expertise, offer comprehensive logistic services, and focus on shipbuilding, particularly bulk carriers