Red Sea

Hutchison Ports Announces Major Investment of US$700 million in Egyptian Port Projects in Sokhna and B100

Retrieved on: 
Thursday, March 16, 2023

Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt's major port, and B100, a new container terminal in the Port of Alexandria.

Key Points: 
  • Hutchison Ports, the global port operator, is pleased to announce a significant investment in Ain Sokhna Port, Egypt's major port, and B100, a new container terminal in the Port of Alexandria.
  • The total investment of the two projects is approximately US$700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion and paving a solid foundation for the company's strategy to expand its network and enhance its capabilities in emerging markets.
  • In addition, Hutchison Ports will invest in the development of B100, a new container terminal in Port of Alexandria, which will serve as a gateway to the Egyptian market.
  • For more information about Hutchison Ports, please visit hutchisonports.com.

Egypt Beats Classic UK Holiday Destinations in Both Attractiveness and Price

Retrieved on: 
Thursday, March 16, 2023

However, what many travellers do not know: For the price they spend on a holiday in these countries, they could experience more luxury and adventure in Egypt.

Key Points: 
  • However, what many travellers do not know: For the price they spend on a holiday in these countries, they could experience more luxury and adventure in Egypt.
  • View the full release here: https://www.businesswire.com/news/home/20230216005515/en/
    Brits love to travel, but how much do they actually spend on their holidays?
  • According to National Institute of statistics (Ine), the British invested an average of £1,0001 per person on a trip in 2021.
  • In Egypt, two people can spend seven nights in a five-star hotel for less than the average price of a holiday in an Italian coastal region - all-inclusive, of course.

Middle East, Turkey, Africa And Levant Video Surveillance Market Report 2023: Trends, Value, Revenue, Analysis, Industry, Share, Segmentation 2018-2028F

Retrieved on: 
Friday, March 3, 2023

Middle East, Turkey, Africa and Levant Video Surveillance Market size is projected to grow at a CAGR of 4.4% during 2022-2028.

Key Points: 
  • Middle East, Turkey, Africa and Levant Video Surveillance Market size is projected to grow at a CAGR of 4.4% during 2022-2028.
  • Middle East, Turkey, Africa and Levant Video Surveillance market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
  • Middle East, Turkey, Africa and Levant Video Surveillance market is anticipated to grow significantly on the back of government initiatives for installation of video surveillance systems for traffic management, rapid infrastructural growth, and reforms in the education and BFSI vertical.
  • Historical Data and Forecast of Middle East, Turkey, Africa and Levant Video Surveillance Market Revenues & Volume for the Period 2018-2028F
    Historical Data and Forecast of Middle East, Turkey, Africa and Levant Video Surveillance Market Revenues & Volume, By Components, for the Period 2018-2028F
    Historical Data and Forecast of Middle East, Turkey, Africa and Levant Video Surveillance Camera Market Revenues & Volume, By Camera Type, for the Period 2018-2028F
    Historical Data and Forecast of Middle East, Turkey, Africa and Levant Video Surveillance Recorder Market Revenues & Volume, By Recorder Type, for the Period 2018-2028F
    Historical Data and Forecast of Middle East, Turkey, Africa and Levant Video Surveillance Market Revenues, By Applications, for the Period 2018-2028F
    Historical Data and Forecast of Middle East, Turkey, Africa and Levant Video Surveillance Market Revenues & Volume, By Countries, for the Period 2018-2028F

Sostravel.com Follows Strong 2022 with Business Plan Detailing Private Label Strategy

Retrieved on: 
Wednesday, March 1, 2023

The company announced a positive 2022 EBITDA margin, reporting 47% revenue growth.

Key Points: 
  • The company announced a positive 2022 EBITDA margin, reporting 47% revenue growth.
  • Based on these positive results, the company unveiled its business plan, detailing the strategy behind the doubling of revenue and the 173x EBITDA growth expected by 2027:
    High-margin, private-label digital travel offerings to Sardinia, the Red Sea and Kenya will be sold via sostravel.com, amareitalia.com and major third-party booking platforms.
  • Growth of its Lost Luggage Concierge services aimed at the protection and recovery of air passengers’ luggage.
  • Launch of a traveler-centered Telehealth solution called Dr. Travel, provided in a video call via its Sostravel.com app.

Rally Truck Equipped with Allison Transmission Wins Dakar 2023 Rally Raid Competition

Retrieved on: 
Tuesday, January 24, 2023

Team De Rooy wins truck division of 2023 Dakar Rally with Allison-equipped truck.

Key Points: 
  • Team De Rooy wins truck division of 2023 Dakar Rally with Allison-equipped truck.
  • The 2023 Dakar Rally covers a total distance of 8,549 kilometers, of which 4,706 km is timed in the form of special stages.
  • View the full release here: https://www.businesswire.com/news/home/20230124006021/en/
    Team De Rooy recently won the truck division of the 2023 Dakar Rally with its Allison-equipped truck pictured here.
  • All top 10 trucks of the world’s toughest annual motorsport competition were equipped with Allison fully automatic transmissions.

Save Money While Seeking the Sun: Cost Effective Winter Stays in Egypt

Retrieved on: 
Wednesday, January 25, 2023

But, the rising cost of living over the past year could cause many to reconsider whether, or how, they travel.

Key Points: 
  • But, the rising cost of living over the past year could cause many to reconsider whether, or how, they travel.
  • While Egypt has long been on travelers’ radar, thanks to its low-cost of living, it has now become a popular long-stay winter destination.
  • Research collated by the Egyptian Government from a variety of tour operators shows a four-week winter sun stay costs, on average, €1 218 per couple.
  • From Cairo to Luxor, from the beguiling desert to the lush delta of the Nile, Egypt is a traveler's dream.

Plastiks Announces its Partnership with Concrete as Part of the Plastic Removal Initiative in Egypt

Retrieved on: 
Wednesday, February 8, 2023

Barcelona, Spain--(Newsfile Corp. - February 8, 2023) - Barcelona-based NFT marketplace, Plastiks , announces its new partnership with Concrete , a leading apparel company in Egypt, as part of plastic removal initiatives in the country.

Key Points: 
  • Barcelona, Spain--(Newsfile Corp. - February 8, 2023) - Barcelona-based NFT marketplace, Plastiks , announces its new partnership with Concrete , a leading apparel company in Egypt, as part of plastic removal initiatives in the country.
  • Plastiks specializes in connecting plastic recovery projects with companies and individuals across the globe who sponsor such projects.
  • With its new partnership, Plastiks will facilitate the tokenization of plastic recovery projects sponsored by Concrete in Egypt.
  • As part of this commitment the company sponsors a number of plastic removal projects in order to advance the fight against plastic pollution.

H2Ocean LLC Releases Study on The Efficacy of Sea Salt Nasal Spray on Sinusitis

Retrieved on: 
Thursday, February 9, 2023

H2Ocean LLC has published a clinical study on the efficacy of their sea salt-based nasal spray, Nasalzyme, which can relieve the symptoms of chronic rhinosinusitis

Key Points: 
  • CRS affects up to 12% of the global population and can cause uncomfortable symptoms such as congestion, facial pain or pressure, and nasal discharge.
  • Researchers in the study tested the efficacy of H2Ocean's sea salt-based nasal spray, Nasalzyme, on patients suffering from CRS.
  • Researchers also noted that nasal sprays can remove irritants from the nasal cavity, thin mucus, reduce edema, and decrease pathogen presence in the sinuses.
  • Since opening in 2001, H2Ocean has been an advocate for sea salt-based healthcare products as a natural, eco-friendly alternative to standard medical treatment.

HKATG Creates a Breakthrough In Commercial Satellite Market: Joins Hand with the Republic of Djibouti in Spaceport Development

Retrieved on: 
Friday, January 13, 2023

The three parties will jointly develop and operate the Djibouti spaceport.

Key Points: 
  • The three parties will jointly develop and operate the Djibouti spaceport.
  • In addition to the land, the Republic of Djibouti will also fully cooperate with related projects.
  • The Republic of Djibouti is an African country that has actively participated in the joint construction of the "Belt and Road" in recent years.
  • Once Djibouti's Spaceport is completed, HKATG will become the one-stop commercial satellite manufacturing and launch services provider, the company is on the way to flourishing.

EDITION Announces Global Expansion Plan

Retrieved on: 
Wednesday, December 7, 2022

Under the new leadership of Josh Fluhr, Senior Vice President and Global Managing Director, EDITION Hotels is driving global expansion with the portfolio expected to double in size to 30 properties by 2027.

Key Points: 
  • Under the new leadership of Josh Fluhr, Senior Vice President and Global Managing Director, EDITION Hotels is driving global expansion with the portfolio expected to double in size to 30 properties by 2027.
  • EDITION Hotels ongoing expansion is slated to continue into 2024 and beyond, with hotel signings this year in several primary destinations, including Lake Como and the Red Sea.
  • EDITION Residences represent a new generation of luxury homeownership, designed with EDITIONs signature fusion of modern sophistication and authentic creativity inspired by the locale.
  • Following the successful launch in late 2020 of The Tokyo EDITION, Toranomon, the first EDITION hotel in Japan, The Tokyo EDITION, Ginza will further establish the brands position as one of the most exciting lifestyle pioneers in Asia.