Egypt
Bloomberg (Tarek Al-Issawi and Abdel Latif Wahba)
- Egyptian Tourism Revenue Sees Dramatic Growth
PR Web Egypt's Tourism Minister Zoheir Garrana has announced that the country’s tourism revenues from the first six months of 2010 have increased by 17.6 per cent compared to the same period last year. Garrana indicates a number of factors as contributing...
- Egypt: Pushing For Better Tourism
Zawya Egypt is overhauling its tourism industry in a bid to bring more foreign and domestic investment to the sector. A draft bill amendment, approved by the Egyptian parliament in June 2008, will change aspects of law 38, 1977, which regulates tourism...
- Egypt Draws Record 9.7m Visitors
Travel and Tourism News Middle East With a record 9.7 million visitors in the year 2006-07, tourism numbers are well on target in Egypt. The numbers reflect a 13 per cent increase on the previous fiscal year, the state news agency MENA reported. Egypt’s...
- Current State Of Tourism In Egypt
http://www.netindia123.com/showdetails.asp?id=88347&cat=Business&head=Tourists+visiting+Egypt+on+the+rise “Egypt’s Central Bank said Tuesday the number of tourists who visited Egypt in March increased by 26 percent compared to the same period...
- Assessment Of Attacks On Cairo Tourism
http://weekly.ahram.org.eg/2005/741/eg1.htm "Will last week's terror attacks near two of Egypt's most popular tourist attractions, the Egyptian Museum and the Citadel, have an effect on the nation's most vital industry? The attacks, which...
Egypt
Egypt Sees Lower Tourism Revenue, Warns of "Panic"
Bloomberg (Tarek Al-Issawi and Abdel Latif Wahba)
Egypt expects lower revenue from tourism this year because of the global financial crisis and its impact on the Egyptian economy, Egypt's minister of tourism said.
The country's tourism industry, especially the private sector, is panicking because of the economic turmoil and is starting a price war, which will harm the industry in the long- term, Zohair Garanah said in an interview on Oct. 23.
"We have to be realistic in our approach and thinking,'' he said in his office in Cairo. "There could be a decline in demand, but we have to manage the crisis to limit the damage as much as possible.''
Tourism is the number one source of foreign currency income for Egypt, generating revenue of nearly $10 billion last year, well ahead of workers remittances at about $8.6 billion and the Suez Canal, which brought in $5.1 billion.
- Egyptian Tourism Revenue Sees Dramatic Growth
PR Web Egypt's Tourism Minister Zoheir Garrana has announced that the country’s tourism revenues from the first six months of 2010 have increased by 17.6 per cent compared to the same period last year. Garrana indicates a number of factors as contributing...
- Egypt: Pushing For Better Tourism
Zawya Egypt is overhauling its tourism industry in a bid to bring more foreign and domestic investment to the sector. A draft bill amendment, approved by the Egyptian parliament in June 2008, will change aspects of law 38, 1977, which regulates tourism...
- Egypt Draws Record 9.7m Visitors
Travel and Tourism News Middle East With a record 9.7 million visitors in the year 2006-07, tourism numbers are well on target in Egypt. The numbers reflect a 13 per cent increase on the previous fiscal year, the state news agency MENA reported. Egypt’s...
- Current State Of Tourism In Egypt
http://www.netindia123.com/showdetails.asp?id=88347&cat=Business&head=Tourists+visiting+Egypt+on+the+rise “Egypt’s Central Bank said Tuesday the number of tourists who visited Egypt in March increased by 26 percent compared to the same period...
- Assessment Of Attacks On Cairo Tourism
http://weekly.ahram.org.eg/2005/741/eg1.htm "Will last week's terror attacks near two of Egypt's most popular tourist attractions, the Egyptian Museum and the Citadel, have an effect on the nation's most vital industry? The attacks, which...