flynas has inaugurated its first direct flights between Riyadh and Alexandria, Egypt, further expanding air connectivity between Saudi Arabia and regional destinations. The airline will operate three weekly services between Riyadh and Alexandria International Airport.
Orascom Hotels Management (OHM) and Tadweera for Green Education will launch the Green Key environmental certification programme in Egypt during a sustainability event at Sheraton Miramar El Gouna on July 10, 2026.
Accor has signed a dual-branded hotel project in Port Said with Atlas Integrated Contracting Company, introducing ibis Styles and Adagio Original in Egypt. Opening in 2029, the development will feature ibis Styles Port Said with 180 rooms and Adagio Original Port Said with 100 units.
Hassan Allam Holding, a leading engineering and construction company, said one of its key units has secured a contract from Modon Ras El Hekma to build a luxury hospitality and residential project - Montage Hotel and Branded Residences - at Ras El Hekma in Egypt’s North Coast.
Saudi Arabia has launched a major international initiative to safeguard global shipping lanes, securing the backing of 14 countries for a proposed Maritime Defense Alliance as escalating conflict between the US and Iran raises fresh concerns over the security of two of the world's most important maritime trade corridors — the Strait of Hormuz and the Suez Canal.
The UAE and Egypt have agreed to gradually expand bilateral air traffic rights over the next five years under a phased framework aimed at meeting rising travel demand, creating new opportunities for airlines and strengthening economic integration between the two countries.
Marriott International has signed a landmark agreement with Misr Italia Properties and People & Places to develop nine hospitality projects across Egypt, adding more than 1,500 hotel rooms and branded residences as the country expands its tourism and real estate sectors.
Explosions hit a natural gas loading port on the Mediterranean Sea in Egypt on Wednesday, and British maritime security company Ambrey said a US-owned floating storage tanker there had been hit by a drone, said media reports in a potential spread of the Middle East war.
TotalEnergies and Eni have approved the development of Cyprus’ Cronos gas field, with first production targeted for 2028. The project will supply European markets through Egypt’s LNG infrastructure, reaching around 2.8 million tonnes annually.
Egypt’s crude oil production has reached a near two-year high as petroleum exports topped 2.3 million tonnes in H1 2026, generating $2.3 billion. The government is also advancing $4.5 billion in refinery projects to boost output and exports.
