Egypt unveils 84 new investment opportunities

RIYADH, Aug 29 (Arab News): More than 48,000 hotel rooms are set to be added to Egypt's hospitality industry as part of 84 investment opportunities unveiled by the General Authority for Tourism Development.
The expansion, which will also see an additional 15,000 suites from currently approved requests, marks a strategic effort to accommodate the growing number of tourists and enhance the overall capacity of the sector, which has long been a cornerstone of Egypt's economy.
During a high-level meeting at the government's New Alamein headquarters, Prime Minister Mostafa Madbouly reviewed a comprehensive tourism investment map, highlighting key opportunities across the country.
The gathering underscored the government's vision to elevate Egypt's tourism profile by capitalizing on the country's diverse landscapes.