The Prime Minister of Egypt announced in a statement that Egypt will receive the second installment of financial commitments related to the Ras El Hikma project in the coming weeks.
The Ras El Hikma project is a major development project on the northern coast of Egypt, including the construction of hotels, resorts, golf courses, and other recreational facilities.
This project is expected to boost tourism in Egypt and create new job opportunities in the hospitality industry.
Additionally, the Egyptian government is currently promoting several other investment projects, aiming to renovate the hospitality industry in Egypt and increase its capacity to accommodate more tourists.