Latest Hurghada Blog Articles
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Uptodate Egyptian Visa Regulations
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Latest News Headlines for Egypt
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DP World to develop container terminal in Mumbai
Dubai-based DP World has signed an agreement with India's Jawaharlal Nehru Port Trust (JNPT) to develop an Rs6bn container terminal in Navi Mumbai, PTI has reported. "JNPT has signed a concession agreement with Nhava Sheva Gateway Terminal, a subsidiary of DP World of Dubai, for development of standalone container handling facility at JN Port, Navi Mumbai, Maharashtra," JNPT chairman, N N Kumar said. The project would be executed on Design, Build, Finance, Operate and Transfer (DBFOT) basis.
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Kuwait may impose travel ban on traffic violators
Kuwaiti interior ministry has called for the activation of travel bans against traffic violators to force them to pay their traffic fines, Kuwait Times has reported. If implemented, the move would help in reducing the total amount of unpaid fines which currently stands at KD24m, said the ministry's assistant undersecretary for traffic affairs, Maj. Gen. Abdulfattah Al-Ali.
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Sharjah to build two new bridges at Khalid Lagoon
Sharjah Directorate of Public Works (DPW) has announced two new bridges are to be built at the Khalid Lagoon entrance, apart from Sharjah and Al Khaledeya bridges, Gulf Today has reported. The new two bridges will comprise five lanes in each direction, said director general of the DPW, Yousef Al Suwaiji. "The intersection located near the government buildings at Al Leyyah area will also witness road improvement and will include the construction of a bridge to ensure smooth movement to the government department area for motorists coming from Al Mamzar area in addition to another bridge for motorists to commute...
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Atlantis seeking $850m loan
Dubai's Atlantis the Palm is seeking an $850m loan to refinance debt due in 2017, Bloomberg has reported, citing two people with knowledge of the matter. The new facility would replace a $700m 12-year term loan raised in 2005 to fund construction of Atlantis, said the people. The resort, owned by Istithmar World, a unit of Dubai World, has hired Abu Dhabi Commercial Bank, Barclays, Commercial Bank of Dubai, HSBC Holdings, National Bank of Abu Dhabi, and Union National Bank to arrange the facility, they said.
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Hotels in Qatar report higher occupancy rates
Qatar Tourism Authority (QTA) has said hotels are reporting an increase in occupancy rates, despite the growing number of hotels in the country, the Peninsula has reported. During the first quarter of this year, hotel occupancy was 68%, which rose by 15.5% year-on-year in May, despite the increase in the number of hotels to 87 from 81 last year, said QTA Chairman, Issa bin Mohammed Al Muhannadi. "The figures show that the total number of tourists from GCC countries grew by 13% and that tourists from the world have increased by 10% last year. Eighty-one hotels in 2012 offered a...
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