Egypt named best retirement destination for US citizens

The prices of food, accommodation and utilities are the main pillars on which the analysis is based. They found that a US retiree in Egypt should expect their average expenditure on food to amount to $105.93 (EGP 1867), $157.57 (EGP2780) for a one-bedroom rental, $19.46 (EGP 343) for utilities, bringing the average total cost per person to a sum of almost $268, equivalent to EGP 4729 .

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‘Hurghadians’ can’t help but return to their second home

Hurghada is one of Egypt's leading holiday resorts, popular with visitors from around the world. It is the perfect getaway for those seeking total relaxation with fantastic weather and warm sea temperatures throughout the year. The city is fast growing into a major holiday resort, packed full of attractions, and it has a growing reputation as an international destination for visitors from all corners of the globe.

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Egypt Ranks First in ‘Where to invest in Africa 2018’ List

Egypt has replaced South Africa and made it to the top of “Where to invest in Africa in 2018” list released by the Rand Merchant Bank (RMB)

South Africa is now second on the list. RMB said in a report, “Egypt displaced South Africa because of its superior economic activity score and sluggish growth rates in South Africa, which have deteriorated markedly over the past seven years.”

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