#tourists
Egypt has partnered with Talaat Moustafa Group (TMG) to launch a USD 21 billion (EGP 339 billion) project, SouthMED City, on the North Coast, according to a cabinet statement on Tuesday. SouthMED City is set to be a global tourist destination fully equipped with an international marina, a golf course, and other luxurious facilities. The new project was announced during a press conference held at the Egyptian Cabinet Headquarters in the New Administrative Capital. During the press conference, Prime Minister…