13 September, 2024
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Egypt’s tourism booms, reaching record highs: WTTC

The World Travel & Tourism Council (WTTC) reports a remarkable comeback for Egypt’s tourism industry in 2023. The sector’s contribution to the country’s gross domestic product (GDP) surged by nearly 24%, reaching a record E£953 billion – exceeding the previous peak by a significant 21%. This positive trend extends to job creation, visitor spending (both …

The post Egypt’s tourism booms, reaching record highs: WTTC appeared first on Egypt Independent.

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Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom

Egypt and Abu Dhabi Ports have finalized an agreement to build cruise ship terminals in several Egyptian ports. These ports include Safaga, Hurghada, and Sharm El-Sheikh. The official signatories are the General Authority of Red Sea Ports on behalf of Egypt and Abu Dhabi Ports Group. Safaga and Hurghada are modern terminals that were inaugurated …

The post Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom appeared first on Egypt Independent.

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IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues

International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said that the Ras al-Hikma deal, which is worth $35 billion, will reduce the pressure on the balance of payment but if it were used prudently. She told a new conference on Monday that the expectation for what is a prudent use of the …

The post IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues appeared first on Egypt Independent.

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Egyptian MP files parliamentary question over impact of Gaza war on tourism

A member of the Tourism Committee in the Egyptian House of Representatives, Sahar Talaat Mostafa, submitted a parliamentary question to the Prime Minister and Minister of Tourism, regarding the Egyptian government’s plan to support hotels across Egypt in light of the impact of the ongoing Gaza war. Mostafa explained that she received numerous complaints and …

The post Egyptian MP files parliamentary question over impact of Gaza war on tourism appeared first on Egypt Independent.

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Presidential advisor: Egypt has all potentials of health, medical tourism

Egypt has all potentials of health and medical tourism, Presidential Advisor for health affairs Mohamed Awad Tageldin said, lauding President Abdel Fattah al-Sisi for his support to the international health tourism conference due on March 2-3. During a press conference, Tageldin reiterated the importance of listing programs of health and medical tourism as part of …

The post Presidential advisor: Egypt has all potentials of health, medical tourism appeared first on Egypt Independent.

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Russian tourism ranks first in Sharm el-Sheikh

Sharm el-Sheikh topped the list of favored tourist destinations for Russians, followed by English and Italian tourists in the winter owing to its mild climate, charming natural landscapes and high level of hospitality and luxury, especially in modern hotels and resorts in the Nabq and Montazah areas. An Egyptian-Italian tourism expert, Ahmed Badawy, praised the …

The post Russian tourism ranks first in Sharm el-Sheikh appeared first on Egypt Independent.

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