07 October, 2024
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Boom time for Egyptian tourism as Russian bookings surge 40 percent

In encouraging news from Russia’s ratanews.ru, the upcoming fall and winter seasons are set to prove more successful for Egyptian tourism. The report states that the 2024-2025 winter season is expected to surpass the previous one, which had been impacted by the Gaza conflict and insufficient transportation. Most of the tours for the autumn months …

The post Boom time for Egyptian tourism as Russian bookings surge 40 percent appeared first on Egypt Independent.

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Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom

Egypt and Abu Dhabi Ports have finalized an agreement to build cruise ship terminals in several Egyptian ports. These ports include Safaga, Hurghada, and Sharm El-Sheikh. The official signatories are the General Authority of Red Sea Ports on behalf of Egypt and Abu Dhabi Ports Group. Safaga and Hurghada are modern terminals that were inaugurated …

The post Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom appeared first on Egypt Independent.

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Samsung reports enormous jump in profit on AI boom

Seoul Reuters  —  Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the battered global memory chip market. The upbeat outlook from the world’s largest memory chip maker sent its shares 1.8 percent higher on Tuesday after it reported a …

The post Samsung reports enormous jump in profit on AI boom appeared first on Egypt Independent.

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