Authorities in Egypt say a luxury yacht that set off with 45 people from the Red Sea port of Ghalib for a week-long diving trip sank, with 28 rescued and 16 still missing.

Egyptian authorities said 17 people including foreigners were missing after a tourist yacht capsized off the country's Red Sea coast on Monday, with 28 others rescued.

CAIRO (Reuters) -Egyptian authorities rescued 28 people after a tourist boat sank off its Red Sea coast, the Red Sea Governorate said in a statement on Monday, as a search continued for the 17 remaining passengers and crew.