Premium brand Jumeriah hotels of Dubai have signed an agreement to manage a new development located on the Egyptian Red Riviera.

The five star luxury resort located in Gamsha Bay the 250 room hotel will be located on Gamsa bay the 20 manmade island located in the Red Sea. Egypt is seeing major growth in interest from Real Estate developers from around the world and is seeing it that Egypt will be not only for traditional holidays makers but also to premium brand customers who are looking for the finer things in life.

Recent Egypt’s economy figures and recent tourism figures are showing that Egypt has been relatively unscathed over the last 18 months from the effect of the global situation.

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