News

Egypt bucks the credit crunch and thrives as a property hotspot

administrator — Sun, 12 Oct 2008 17:00:38 +0000

Hurghada offers great investment opportunities.

Even though the credit crunch is biting hard, investors from all over the world are still making their presence known in the overseas property markets. Whether it is in Dubai or another locale, the trend for buying overseas property continues to flourish.

According to Yorkshire Bank, nearly a million Britons alone have invested in property in one part of the world or another. This does not take into account investors from America, other parts of Europe and the east.

GOLF IN EGYPT: Getting a Second Wind

administrator — Tue, 12 Aug 2008 13:07:14 +0000

For many of us, golf is a sport of middle age — and older. Many people play tennis until a certain age and then take up golf. As the legendary Gary Player — now 71 years old and still very fit — once told me: “Golf is a game you can play when you grow old and fat.” For those who know me, you may think it was a pointed remark.

Red Sea in Egypt to be Plastic Bag Free

administrator — Mon, 11 Aug 2008 18:24:37 +0000

The Governor of the Red Sea in Egypt has decreed that the Red Sea will be the first plastic bag free Governorate with effect from 1st January 2009. This decree represents a considerable step forward in tackling the issues caused by excess rubbish and in particular plastic bags in the Red Sea.

Cape Citadel - Sahl Hasheesh

administrator — Tue, 05 Aug 2008 18:58:06 +0000

CAIRO: Orascom Development & Management (ODM) in partnership with Joud Fund has recently announced the launch of the new Cape Citadel development in Sahl Hasheesh. The fully-fledged luxury resort is 20 minutes away from Hurghada International Airport. Cape Citadel constitutes of five-star Citadel Azur Hotel, Cape Citadel real estate and an international sailing marina, all connected together by a shared transportation system.

Egypt - The New Property Investment Phenomenon

administrator — Sun, 20 Jul 2008 14:07:37 +0000

Since the property boom in Spain in the late 1980s, many people have been on the lookout for a holiday home in the sun, as they are realising the considerable amount of equity in their property has gained in a short number of years. Effective property investment requires much more than striking it lucky in one market. It's about calculating risks and estimating growth and returns. So, where should you be looking?