Kouchouk unveiled a series of strategic priorities and initiatives during his first open dialogue with the business community at the American Chamber of Commerce (AmCham) in Cairo yesterday
Q Developments has recently shared the details of its collaboration with Accor Global S.A., the largest European hospitality group
He said that the expected numbers during the current year will exceed 15 million tourists, compared to 14.9 million tourists at the end of 2023.
According to an official Cabinet statement, the funding looks to accelerate investments in construction and finishing efforts and is subject to prior approval from the Ministry of Tourism and Antiquities
The deficit widened mainly due to a drop in Egypt's oil trade balance, which swung from a $1.7 billion surplus to a $5.1 billion deficit, driven by a decline in natural gas production that pushed oil and gas exports down by 61%
