Egypt News - Property, Apartments, Villas, Land, Businesses For Sale in Egypt.
News April 17 2006
Egyptian Tourist Authority launches website.
The Egyptian Tourist Authority is launching its new official website http://www.egypt.travel
The new portal provides information on everything from Egypt's historical
and cultural attractions through to its beautiful beaches and activity based
holidays including diving, safaris, yachting and golfing.
In addition, http://www.egypt.travel contains a news section with all the
latest information on Egypt, a monthly events section highlighting all the
main festivals and events taking place across the country through to the
latest archaeological discoveries, such as the 3500 year old mummies found
in Luxor.
http://www.egypt.travel also provides visitors with travel information such
as visa requirements and useful phone numbers ensuring each visitor has
all the necessary information to plan an enjoyable stay in Egypt.
Visitors to the site can also access an interactive newsletter which provides
further information for individual requests on places to visit and any other
additional information that may not be available on the main site.
H.E. Mr. Zoheir Garranah, Minister for Tourism, commented, "Our new
website provides a whole host of information on this exciting and diverse
destination and will provide travellers with a one-stop resource for finding
out more about the country. The new portal will also be instrumental in
helping us to attract more visitors to the destination and ultimately reaching
our goal of attracting 16 million visitors by 2014.
"The internet boom means the web has become increasingly important,
with 54% of online travel shoppers beginning their travel research with
an online travel agency and 37% of online shoppers beginning research at
a travel supplier website."
The new portal, available in English, German, French, Italian, Spanish,
Russian and Arabic is one of the key initiatives of Egypt's new integrated
marketing campaign designed to double the number of global visitors to Egypt
by 2014.
The Egyptian Tourism Authority
is also the first to pioneer the new '.travel' domain name launched by Tralliance
Corp, the .travel Registry. '.travel' is exclusively for businesses, organizations
and individuals in the travel industry.
Egyptian tourism officials welcome record regional tourist numbers in 2006.
With record-breaking global tourism figures propelling Egypt into its seventh
millennia, the country is set to introduce an all new approach to marketing
itself regionally at this year's annual Arabian Travel Market (ATM) exhibition
and conference, taking place in Dubai, United Arab Emirates from 2 through
5 May.
Last year Egypt received a record-setting 8.6 million tourists and is experiencing
growth of up to 60% in some Middle Eastern markets alone.
The 'Nawart Masr' ('You Light Up Egypt!') campaign comes as the successor
to the much praised 'Ebtesamet Misr Ma Tetneseesh' campaign which was present
throughout the Middle East in last year.
The new campaign - which is expected to contribute to more than 30% growth
among Middle Eastern holidaymakers visiting Egypt each year - puts Arab
visitors at the centre of its appeal, drawing on the Egypt's natural beauty,
culture, entertainment, and food to remind Gulf, Levant, and North African
Arabs why they fell in love with Egypt the first time they visited, while
highlighting all that is new and exciting.
'Egypt is proud to show its new face at Arabian
Travel Market 2006, because we have so much of which to be proud - new
hotels, new restaurants, new airports, new residential tourism offerings,
even new ancient treasures which have recently been discovered, 'said Ahmed
El Khadem, Chairman of the Egyptian Tourist Authority.
'But, of course, we have retained all of the culture and hospitality that
has made Egypt one of the world's top tourist destinations, as well as a
firm favourite within the Middle East region,' El Khadem added.
Famed for its rich ancient history, its pristine shorelines along the Red
Sea Riviera and Mediterranean coasts, and the cosmopolitan grandeur
of Cairo and Alexandria,
Egypt is taking new initiatives to extend to the world a diverse offering
of excitement and variety for holidaymakers year-round.
Setting Egypt and the tourism focused Nawart Masr brand and campaign apart
from the many countries seeking to gain market share this year at ATM is
a focus on the dynamic new side of Egyptian tourism which includes shopping,
entertainment, health and wellness retreats, and residential tourism among
its key attractions, all of which has helped to increase the number of visitors
to Egypt in 2005.
Together with H.E. Zoheir Garannah, Egypt's Minister of Tourism, Ahmed El
Khadem, Chairman of the Egyptian Tourist Authority, will lead an impressive
Egyptian delegation to the annual Dubai ATM event.
Further to ATM, the Egyptian Tourist Authority will conduct a nine-country
road show throughout the Middle East where top Egyptian tourism officials
will interact with tour operators, members of the media and holidaymakers
planning to come to Egypt.
Cairo International has teamed with premier
airport management group to place its airport on the map.
Cairo International Airport has
a clear-cut ambition: "We want to become both a passenger and cargo
hub, particularly in the MENA region," says Ibrahim Ahmed Manaa, chairman
of Egyptian Holding Co. for Airports and Air Navigation. "We want to
rise to global competitive levels according to international standards and
start to gradually apply air transport liberalization policies."
The aim to elevate CAI's function and future started just over three years
ago when the Egyptian Ministry of Civil Aviation formed two holding companies,
one for national carrier EgyptAir incorporating seven subsidiaries and a
second for airports and ATC activities. EHCAAN controls four companiesCairo
Airport Co., Egyptian Airports Co., National Air Navigation Services and
Aviation Information Technology. CAA is the regulatory body.
The first steps in Cairo Airport's privatization coincided with the launch
of a "very aggressive" investment program to upgrade existing
facilities and build a new Terminal 3, Manaa tells AE&T. The airport,
located about 20 km. northeast of the city, has seven arrival and departure
halls spread out over two terminals. Terminal 1, also known as the Old Airport,
was inaugurated in 1963 and has an annual passenger capacity of 6.5 million.
Terminal 2 dates from 1984 and can accommodate up to 3.5 million passengers
annually. T1 has 67 check-in counters, T2 60. T1 has 12 gates, three of
which are double-level for large aircraft and all of which use bus transfer
between terminal and aircraft. T2 has seven gates with 10 passenger boarding
bridges.
There are 131 aircraft stands, of which nine are contact stands, and three
runways. Runway 05R/23L is 3,300 m. long, 05L/23R has a length of 4,000
m. and 16/34 is 3,180 m. All are 60 m. wide. Plans for a fourth runway,
to be built south of the existing airfield, have been approved. It will
be 4,000 m. by 65 m. "and thus A380 compliant," Manaa notes. He
proudly adds that the new T3 will have three contact gates able to accommodate
the giant. He admits that no carrier has yet indicated it might operate
the A380 into Cairo, but he laughs, "We hope
that maybe Emirates will do so. Why not?"
Foreign Know-how
In 2004, local authorities decided to outsource the management of CAI and
five regional airport Sharm El-Sheikh,
Hurgada, Luxor, Aswan
and Abu Simbelto an international airport operator. Two separate tenders
were launched; Fraport won both, but under the bidding rules a company could
be awarded only one of the projects. Fraport indicated its preference for
managing the Egyptian capital's international gateway and the contract for
the regional airports was awarded to Aeroports de Paris. The CAI management
contract runs for eight years with the option to extend it twice by one
year. Under the terms of the contract, Fraport is not required to invest
in either Egyptian Airport Co. or the airport's infrastructure.
"It is the first time for Egypt to have a non-Egyptian airport operator.
This is a major change," states Cairo Airport Co. Chairman Mohamed
Fathalla Refaat. He admits it has been "a very tough process to try
to understand and to interact" but he describes the move as positive
and necessary. "We want to develop our human resource capacity to improve
our performance and our level of service," he explains. "Moreover,
we want to get the know-how on how to implement an international hub strategy.
Historically CAI is essentially a point-to-point airport, but we want to
increase the connectivity with our neighboring airports. We want to develop
Cairo as the main transit point for the MENA region." He argues that
CAI has the necessary ingredients to become a successful hub: "We are
located at the crossroads of Africa and the Middle East, Europe and the
Gulf area. In addition to this central location, Egypt enjoys all-year-round
excellent weather, allowing for smooth ATM throughout the year."
Fraport began work in February 2005 and seconded five senior executives
to CAC in the positions of executive director, CCO, CFO, chief technical
officer and COO. "Together with our Egyptian colleagues, we introduced
practices to improve the efficiency and increase the productivity in a short
term of the airport and of the staff," says CCO Jean-Pierre Tabet.
There are two kinds of training programs: A 60-day course including 20 days
in Frankfurt for senior executives, and training for around 100 middle management
that also includes a few days in Frankfurt. Tabet says, "Frankfurt
is one of the most efficient hubs and developed airports in the world. It
is important to gain hands-on understanding of how it works at FRA rather
than listen to us explaining how it is done."
In the first six months of the contract, some 14 different teams came from
Frankfurt Airport to help draw up so-called "diagnostic reports"
on all aspects of CAI's operations. "We looked at everything, going
from engineering and insurance to finance, operations, commercial activities,
safety, security, health," Tabet recalls. "We identified some
aspects that needed immediate adjustments and started implementing the recommendations."
One of the first areas of Fraport input visible to passengers is the improved
food and beverage offerings. Refaat says, "In fact, we did not have
any variety in F&B. EgyptAir provided all catering. Now we have more
variety and more concepts." A new coffee bar, Ritazza, operated by
Louis Catering/Compass Group, was opened at the new International Arrival
Hall 3 in T1 in August 2005 and was followed by a similar outlet in T2.
Terminal 2 mainly serves international carriers whereas T1 is considered
the EgyptAir terminal. The public area in Departure Hall 1 in T1 saw the
addition of a Pianola food outlet and a new Food Village was set to open
in mid-February in T2. A themed AirMall is currently in the pre-opening
preparation phase. It fits into Fraport's concept of AirportCity and is
the first of its kind in Egypt.
New Terminal
The T1 and T2 renovation and development plan was finalized last year and
represented an initial investment of EGP0.5 billion (E74 million). It contains
some 43 projects, some of which were reconstruction of the infrastructure,
electricity, water, drainage and air-conditioning systems. It also includes
demolishing the old Hall 3, previously used for domestic arrivals and departures,
to construct a new hall for international arrivals.
Meanwhile, work started on a new passenger terminal, T3. The 23-gate complex,
scheduled to open in late 2007, will include a main three-level structure
and two concourses and will be capable of handling initially up to 11 million
passengers yearly. An aerial walkway will link the 164,000-sq.-m. facility
with T2. T3 is being co-financed by the World Bank, Egyptian government
and National Investment Bank of Egypt. Cost of the project is almost EGP2.2
billion (E320.5 million).
"A new ATC tower and a fourth runway represent an additional E100 million
investment and a new five-star hotel, which will be connected with T3 through
a 330-m.-long bridge, is another E40 million," Manaa sums up. "We
want to achieve the highest level of activity and return on investment.
Concretely, this means that we are reviewing everything, also landing fees,
parking fees and departing passenger taxes. We are benchmarking CAI against
surrounding airports. Cairo Airport is government-owned yet not subsidized
by the government."
Dubai based DEPA inks deal on prestigious
shoreline apartments.
Locally-based specialist interiors company DEPA Dubai LLC, a division of
Depa United Group, revealed today that it has been awarded the contract
for the prestigious Palm Jumeirah Shoreline apartments.
DEPA has been commissioned to complete the interior design and complete
fitting out of 10 apartment blocks that comprise a significant portion of
the Shoreline complex.
The ten apartment blocks comprise six sea-side buildings of 724 apartments,
12 penthouses and 3 clubhouses as well as four channel-side buildings which
include 486 apartments and 8 penthouses.
Due for completion by end September 2006, this is the most challenging deadline
for project achievement in the company's history within the region, if not
the world.
'The Shoreline apartments are one of The Palm's most prestigious developments
and we are delighted to have been selected for this project' said Mr. Mohannad
Sweid, CEO, DEPA United Group. 'We have recently started work on this project
and are, as always, committed to delivering a high quality product for this
challenging fast track project.'
The Shoreline apartments will have beautiful interiors that will include
stunning views, walk in closets and granite tops in the bathrooms as well
as the highest quality kitchen cabinetry, granite tops and much more; all
of which will be ready for hand over by the deadline of end September 2006.'
DEPA Dubai LLC is part of a regional interior giant recently set up to tap
a thriving industry, home and abroad. Depa United Group has joined hands
with selected investment houses and high-net-worth individual investors
that include Al Futtaim Capital, Emaar Industrial and Investment Co., International
Investment House and many other blue-chip investors from UAE, Saudi Arabia
and other GCC countries
InterContinental Hotels Group Unveils Majestic Taba
Heights Resort Property.
InterContinental Hotels Group (IHG) has opened its newest hotel in the Middle
East, InterContinental Resort Taba Heights. Taba Heights is one of the newest
developments in Egypt, between the backdrop of the Sinai desert and the
waters of the Red Sea.
As the largest operator of hotels in the Middle East, IHG now boasts 12
properties in Egypt and seven InterContinental hotels in the area, with
the opening of this luxury five-star resort hotel.
The resort, situated on the northernmost tip of the Gulf of Aqaba and located
35km from Taba International Airport, rests on a prime water-front location
boasting sandy white beaches, turquoise waters and stunning desert scenery
securing it as a year round destination.
InterContinental Resort Taba Heights is part of Taba Heights, a 4.2million
square metre destination and one of Egypt’s latest and most beautiful
resort developments on the Sinai’s Red Sea
coast, encompassing 5km of beachfront.
The 503 room property offers 27 junior, seven executive and one Presidential
Suite, with superb views over the idyllic coastline, pool, lagoon or mountains.
The resort is spread out over three buildings; the Pentagon, Atrium and
the Crescent and these are linked by paths and walkways through the lush
tropical gardens of the resort.
InterContinental Resort Taba Heights offers the ultimate in luxurious accommodation
including a private, white sandy beach, two free-form swimming pools, one
salt water lagoon, two tennis courts and one squash court. There is also
a spa that features sauna, Jacuzzi, massage, beauty and facial care services,
as well as an indoor heated pool.
Ashraf Khalil, Area General Manager, InterContinental Hotels Group, Taba
Region, said: “This resort has been designed to provide the most relaxing
environment possible – everywhere in the resort guests can relax and
enjoy surroundings of lush gardens, running water and amazing views.”
For more adventurous holiday-makers, there are numerous water activities
available including water skiing and parasailing. Fitness enthusiasts can
take the indoor option with the fully-equipped gym and aerobics room, serviced
by a juice bar.
Guests have a wide dining selection with 11 restaurants and bars to choose
from as well as 24-hour room service. The hotel is ideally suited for business,
as well as leisure guests, with a business centre featuring a boardroom
and two meeting rooms, which can cater for up to 750 guests, with outdoor
terraces overlooking the Red Sea.
“We have made every effort to provide every convenience possible to
our guests,” said Khalil. “That is why every room is complete
with a personal safe, mini-bar, satellite television channels and individually-controlled
air-conditioning.”
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Hotel For Sale Luxor
Hotel for sale in Egypt - Luxor City Centre
Location: Luxor
Category: * * * *
Ref: GA01
Price: P.O.A.
Egypt Real Estate
Property for sale in Egypt - Apartment
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Ref: PJ5007
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Ref: G7919
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Location: Luxor
Ref: G7296
Price: £55,000 GBP
Details: Beds: 2 | Baths: 1 | Built: M2 - | Plot: M2 - | Pool: -| | Garage: -