This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services cloud infrastructure in the GCC.

Search Site

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

3,000 new rooms added to Egypt’s total hotel capacity, says tourism ministry

  • Construction of 19 new hotel facilities in several governorates has led to the creation of these rooms.
  • According to tourism ministry officials, the new facilities have created 2,500 job opportunities.

Egypt has added 3,000 new hotel rooms to its total hotel capacity with the opening of 19 new hotel facilities, media reports said.

The country’s Ministry of Tourism and Antiquities said the hotels opened in the governorates of the Red Sea, South Sinai, Giza, Suez, Damietta, Mansoura and the North Coast as part of the ministry’s sustainable development strategy and the Egypt Vision 2030.

Both initiatives are aimed at raising the competitiveness of Egyptian tourist destinations and to encourage investment.

The new hotel facilities have created 2,500 new job opportunities, according to Mohamed Amer, Director General of the General Department of Control and Inspection of Hotel Establishments at the ministry.

Mohamed Hajjaj, Director General of the General Administration of Hotel Establishments Licensing at the ministry, said that four new hotel projects are scheduled to be opened during the next two months in the governorates of South Sinai, the Red Sea and Cairo, adding 600 hotel rooms to the total hotel capacity around the country, according to the reports.