I was actually surprised how far you can go for a quid when they have the meter running.
Sekalla to Regency Beach (about 16km) was only GBP1.05.
The driver did spend the entire journey cursing me in Arabic and scaring me witless for the entire journey though (which took about 8 minutes as he was travelling at Warp Factor 5 the whole time!).
The bus from El Gouna to Hurghada for 25p was my best ever deal though!
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