Egypt Approves EGP 16bn Tourism Projects Across Red Sea and South Sinai

CAIRO — Egypt has granted preliminary approvals for 63 tourism investment projects across the Red Sea and South Sinai governorates with an estimated combined investment value of around EGP 16 billion, as the government moves to accelerate integrated coastal tourism development and expand hospitality infrastructure, according to official statements from the Tourism Development Authority. The […] The post Egypt Approves EGP 16bn Tourism Projects Across Red Sea and South Sinai appeared first on The Middle East Observer.