AFRICAN & MIDDLE EAST NEWS

The development timeline remains aligned with pre-pause schedules, demonstrating project resilience amid regional volatility.

The programme, if approved at the 13 April 2026 AGM, will be funded from existing cash resources and ongoing free cash flow generation.

The overwhelming majority, 94.6%, entered through Abeid Amani Karume International Airport, with a stunning 99.7% traveling specifically for leisure purposes, underscoring the island’s reputation as a premier holiday destination.

The development will introduce integrated tourism facilities including luxury hospitality establishments, culture and heritage venues, and launch points for nature adventures.

Upon his appointment, Roydhouse said, “I am honoured to join InterContinental The Red Sea Resort at such an exciting time for the destination,”

Visitors from North America emerged as the biggest spenders during the three-month period, pouring US$40.8 million into Rwanda’s tourism economy.

Each selected project helps local artisans, women, youth, and indigenous groups build skills, develop tourism products, and connect with travellers seeking authentic cultural experiences.

Emmanuel Mugaga, leader of the Uganda Rally Hunters group, led his crew to Diani Beach before the rally, where they explored coral reefs, savored prawns and shrimps, and soaked up the vibrant coastal nightlife.

Tangier was chosen for its status as a growing economic hub, with future openings already planned in Casablanca and Rabat as the company positions Morocco as a strategic platform for continental expansion.

The project alone is expected to generate annual revenues of OMR 1.26 million (US$3.3 million), create 309 jobs, and unlock 32 investment opportunities in tourism and services.