Egypt is Selling Off Prime Tourist Land to Pay its Debts
Saudi Arabia wants to buy the Ras Ghamila area, a popular tourist destination in the Middle East, from Egypt, according to a source within the Egyptian
Source: africa.com
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Neom not enough for MBS as crown prince plans to build new country
Neom City is not the only thing Saudi Arabia has to offer, and its aspirational Crown Prince Mohammed Bin Salman plans to develop the entire country, not just the Kingdom. He has given Egypt a...
Source: thenews.com.pk
Ras Gamila: After Ras al-Hekma, Egypt offers up Red Sea land
Egypt is reportedly targeting local and Gulf investors from Saudi Arabia for the lucrative acquisition as part of its attempt to inject cash into its economy
Source: newarab.com
Saudi Arabia and Qatar bid for new Egyptian project
The development plan includes a 4-star hotel with 844 rooms, and 1,288 hotel apartments
Source: gulfnews.com
Egypt plans to offer land at Ras Ghamila for sale
Egypt's Minister of Public Business Sector Mahmoud Esmat revealed details behind plans to offer the Ras Ghamila land in Sharm el-Sheikh for investment to the foreign and local private sector.
Source: egyptindependent.com