GOVERNMENT APPROVES FREE ZONE ESTABLISHMENT IN NUWEIBA
city, announced South Sinai governor Khaled Fouda in a Saturday press
conference.- CAIRO – 31 March 2018
“Nuweiba has suffered of drop in tourism rates
over the past seven years, although the industry is active in both cities of
Sharm el-Sheikh and Dahab, reaching 40 percent,” said Fouda.
South Sinai governor Khaled Fouda |
He went on explaining that Nuweiba’s
infrastructure enables it to have a free zone, which will have a positive
impact on trade and tourism in the city.
According to Fouda, the foundation stone of the
free zone will be laid soon, and the project will be executed over the course
of two years. He added that the project will provide 14,000 job opportunities
and will benefit the $500 billion mega city of Neom.
In 2016, Egypt and Saudi Arabia signed an
agreement upon which an industrial zone will be developed north of Sinai, and
will be linked with Neom city that will be constructed in Tabuk, Saudi
Arabia.
One of Nuweiba’s hidden gem is Wadi
el-Weshwashy, which is located only a few kilometers away from Ras Shitan camp.
A natural rainwater pool that is full year round, yet even deeper during the
winter, lies between high red granite mountains, with marvelous magma dike
formations all around. A car ride off road will take you to Wadi el-Weshwashi
(the valley of whispers), but it feels much better when you hike in and
out.