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of course, it's a very touristic place, so you'll find everything : Mc Donald, Hard Rock cafe, Starbucks, shops selling papyrus and T-shirts of the pyramids, belly dancers at night in every hotel, etc...
Notice that this is NOT Egypt. To see what is Egypt, go to El Tur (25 kms from Sharm).
I remember Sharm with 1 store and 1 gas station.
Naama Bay with 2 hotels, only 1 with air conditioning and an openair caravansari. Electricity was not available 24hrs a day unless you were up on the hill south of Naama Bay at the UN peacekeepers base.
The only dive base was run by Rolf and Petra off to the left of the Gazalla hotel and called Sinai Divers.
Unfortunately times have changed and Sharm has become a big zoo, without the ability to walk along the shore for kilometers at night and not see anybody else. Pegalactic fish have now learned to stay away fron the sound of boat motors, and sharks are few and far between except at Ras Mohammed.
35 years ago it was great, back when it was named Ophira. After it was returned to the Egyptians with their blitzkrieg construction it rapidly lost everything it was world famous for.
20 years ago it had already lost all of its charm and now almost as many people go to Sharm as visit the pyramids.
Michael