News
Egypt plans to offer peninsula-based Berenice as one of five key coastal concessions by the Red Sea in its ongoing strategy to draw in potential investors, Senior Assistant to the Housing Minister, Abdel Khalek Ibrahim, told Asharq Business on 29 September. Known for its pristine beaches, vibrant coral reefs, and rich historical sites, the Red Sea region is already a hotspot for tourism, making it a prime location for further investment. Berenice, an ancient Ptolemaic port near the Ras Banas…
