Egypt announced on Monday plans to build a new marina, hotel, and residential complex worth one billion dollars on the Red Sea to support the tourism sector in the region. This ambitious project aims to attract more tourists and strengthen Egypt's position as one of the leading resort destinations. It is expected that the creation of infrastructure will lead to the creation of thousands of jobs and significant economic growth in the region. The project will be an important step in the development of Egypt's tourism industry after the COVID-19 pandemic.
