- Egyptian President Abdel Fattah al-Sisi recently announced that three yacht ports will be established from the revenues of the Suez Canal to support the national economy.
- Sisi further noted that the ports are part of the state’s comprehensive development plan, both in the Mediterranean Sea and the Red Sea.
- In late July, the Egyptian cabinet approved a bill regulating foreign yacht tourism in Egyptian marinas and seaports and creating an online platform, “Single-Window for Yacht Tourism,” which will supervise implementing and upgrading the yacht tourism strategy and ensuring its sustainability.
<span>Egypt invests Suez Canal revenues in three yacht ports</span>
