AGP Executive Report
Last update: 3 hours agoNorth Coast Mega-Project: Qatari Diar has officially launched the first phase of its $29.7bn Alam Al Roum mixed-use coastal development on Egypt’s Mediterranean North Coast, with $3.5bn in direct cash investment and first phase handover targeted for 2030, aiming to create thousands of jobs and boost local contractor participation. Nile Cruise Upgrade: Kenzy Dahabeya unveiled its 2026–2027 boutique luxury Nile cruise season, offering adult-only 3- and 4-night sailing itineraries between Luxor (Esna) and Aswan for up to 24 guests, with optional add-ons like Abu Simbel and hot-air balloon flights. Cairo Airport Growth: Cairo International Airport reported a 4% rise in passenger traffic in July 2026, handling 2.76m passengers across 19,357 flights, signaling continued momentum for Egypt’s air travel hub role. Archaeology in the Delta: Excavations at Kom El-Khulgan in Daqahliya uncovered 110 tombs across multiple periods, including Lower Egyptian (Buto I/II), Naqada III, and Hyksos-era burials, adding fresh detail on Nile Delta life. Tourism Connectivity Boost: Jazeera Airways increased frequencies to Egypt, adding weekly flights to Sharm El Sheikh, Alexandria, Sohag and Hurghada, bringing direct services from Kuwait to 126 flights weekly. Luxury Staycation Deal: Marriott Resort Palm Jumeirah is promoting Dubai resident offers through Sept 30, 2026, including beach-and-spa packages and resort credit options.
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