Africazine – 7 September 2025
In a groundbreaking move for the nation’s tourism sector, Egypt has officially launched its latest mega development: a luxurious new resort city along the stunning Red Sea coast. Announced on Sunday, September 7, 2025, this ambitious project comes with a staggering price tag of EGP 900 billion, which translates to about USD 18 billion. The venture is being executed in collaboration with major players in the real estate market, including the Emirati firm Emaar Misr and Saudi Arabian giant City Stars. This is a significant step for Egypt, showcasing its commitment to elevate its hospitality and tourism offerings to new heights.
The announcement was presided over by Prime Minister Mostafa Madbouly, who emphasized the potential of this project to boost job creation and economic development in the area. The new resort is set to not only attract domestic tourism but is also positioned to pull in international travelers, eager to experience the beauty and cultural richness of Egypt’s coastline.
The resort, which is part of Egypt’s strategic plan to enhance its tourism infrastructure, promises to offer a variety of luxury accommodations, dining experiences, and recreational activities tailored to meet the demands of today’s global traveler. With the ubiquity of social media and the rise of experiential travel, this project is poised to become a must-visit destination for those looking to escape into paradise.
As countries around the globe emerge from the disruptions of recent years, Egypt is stepping forward with a bold vision. This development not only reflects the growing interest in the region but also signifies a broader commitment to sustainable tourism that respects and enhances the local environment and culture.
With such ambitious and lavish projects, Egypt is on track to becoming a beacon of tourism in Africa, fostering international ties and showcasing the wonders of its historical and natural beauty. Visitors can anticipate an exceptional blend of modern luxury and the timeless allure of Egyptian heritage.
As Egypt continues to open its doors to the world, it remains an exciting time for tourism in the region. Keep an eye on this evolving story as Egypt gears up for a resurgence in global travel interest.
Categories: #Tourism, #WorldNews, #BusinessNews
