Attract

Egypt aims to attract 30 million tourists annually by 2030

Egyptian Prime Minister Mostafa Madbouly announced that the government has set an ambitious strategic goal to attract 30 million tourists annually by 2030. During a press conference at the Cabinet’s headquarters, Madbouly explained that this comes as part of the government’s comprehensive plan to support the tourism sector. He also affirmed that the state is …

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Egypt Independent September 11, 2025

Prime Minister inspects development work done at Giza Pyramids area to attract tourists

Egyptian Prime Minister Mostafa Madbouly followed up on the development work on the entrance to the archaeological area on the Giza Plateau, given the targeted importance of this region as a major attraction for incoming tourism. Madbouly on Monday inspected the development work of the entrance to the archaeological area on the Giza Plateau, accompanied …

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Egypt Independent August 13, 2024

Egypt tops Africa in attracting foreign direct investment: UNCTAD

UNCTAD (United Nations Conference on Trade and Development) has announced that Egypt topped African countries in attracting foreign direct investment (FDI) with a value of $10 billion, out of a total of $52.633 billion in FDI inflows to Africa, and out of $13.461 billion for all North African countries, compared to $5.2 billion for South …

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Egypt Independent June 28, 2024

SCZone successfully attracts 128 projects worth US$6 billion within two years

The Suez Canal Economic Zone (SCZone) in two years has successfully attracted 128 projects worth six billion dollars, of which Chinese investments represent 40 percent. The Chairman of the General Authority of the SCZone Walid Gamal-Eddin said that it was the fruitful cooperation with industrial developer TEDA-Egypt that served as the starting point that built …

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Egypt Independent May 18, 2024