Egypt plans $1bn Red Sea marina, hotel development

[AdomOnline - Ghana] - 10/02/2026

Egypt announced plans on Monday for a new $1 billion marina, hotel, and housing development on the Red Sea to boost the region’s tourism industry. Construction on the “Monte Galala Towers and Marina” project would start in the second half of the year and run for seven years, Ahmed Shalaby, (…)

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