“On the occasion of the signing of The Ritz-Carlton Sharm el-Sheikh Resort, which will take place today Sunday 18 September at The Nile Ritz-Carlton, Cairo, Arne Sorenson commented, “Egypt’s tourism industry has resumed its growth, with new hotel plans and investment in areas all around the country.  As one of the pillars of Egypt’s economy, the travel industry serves as a leading indicator for overall economic progress, stability and modernization. I am proud to see that our brands and properties continue to expand in this beautiful country, and this is a clear symbol of our continued and unwavering commitment to Egypt and the tourism industry.”