Tourism Sector

Cairo real estate market surges by 83% in 6th of October, by 95% in New Cairo

Wed, 08 May 2024 - 02:14 GMT

Cairo's tourism and hospitality sector is being strengthened through cross-border collaborations, an increase in foreign direct investment (FDI), and a LE 50 billion initiative to enhance tourism.

Egypt’s Transport Ministry hosts conference in efforts to boost yacht tourism and marina development

Thu, 28 Dec 2023 - 02:44 GMT

The Ministry implemented measures to streamline and expedite procedures for the arrival and departure of foreign yachts from tourist ports and marinas situated along Egypt's coastlines

Egyptian Cabinet approves LE 50B tourism initiative to boost hotel room capacity

Thu, 21 Dec 2023 - 02:40 GMT

Furthermore, this expansion is expected to create approximately 45,000 new direct and indirect job opportunities, providing a much-needed boost to the labor market

New 25,000 hotel rooms to open in next few months: Tourism Minister

Wed, 18 Oct 2023 - 01:58 GMT

Tourism minister also highlighted the significant growth opportunities within Egypt's tourism sector especially the hotel industry, which will contribute to achieving the target of having 400,000 hotel rooms by the end of 2028

Egypt launched digital platform to maximize yacht tourism in Egypt

Sun, 03 Sep 2023 - 04:13 GMT

The digital window then automatically sends the information to the concerned authorities to review the required data, documents and interviews and send their approvals to the official window website to issue the approval within 30 minutes.

PM probes with tourism investors boosting partnerships in New Alamain

Wed, 12 Jan 2022 - 08:24 GMT

Prime Minister Mustafa Madbouli said Wednesday that Egypt plans that the private sector takes the helm of the tourism sector, and work on overcoming all current challenges.

Egypt’s Minister of Tourism & Antiquities convenes with Resident Coordinator of UN in Egypt Elena Panova

Thu, 10 Jun 2021 - 01:06 GMT

Egypt’s Minister of Tourism and Antiquities Khaled el-Enani convened on Thursday with Resident Coordinator of the United Nations in Egypt Elena Panova, who recently assumed office.

Egypt's central bank amends initiative to finance payment of wages for workers in tourism sector

Wed, 19 May 2021 - 03:00 GMT

CBE stated in its periodic book on Wednesday, that it decided to extend the period of validity of the initiative until the end of December 2021 (instead of June 2021), or to exhaust the amount allocated to it by LE 3 billion, whichever comes first.

Egypt’s tourism & antiquities min. discusses initiative launched by CBE to support tourism sector

Thu, 29 Apr 2021 - 02:54 GMT

This initiative included the allocation of EGP 50 billion to revamp hotels, tourism institutions and the fleets of tourism transport, as well as a sum of EGP 3 billion to fund wages and maintenance costs.

CBE urges banks to regularly notify tourism sector clients

Thu, 14 Jan 2021 - 12:57 GMT

The statement highlighted the importance of answering all tourism sector clients' inquires, as well as sending them monthly statements related to any floated initiative.

Egypt's tourism sector hits $13.03B; highest revenues ever

Tue, 31 Mar 2020 - 12:43 GMT

CBE clarified that the total tourism revenues jumped 67 percent to reach $13.03 billion in 2019, compared to $7.8 billion in 2017, $2.5 billion in 2016 and $6.1 billion in 2015.

New discoveries to boost tourism sector in Egypt: German Egyptologist

Tue, 25 Dec 2018 - 08:35 GMT

Egypt has unearthed many archaeological discoveries, yet there is much more to be uncovered which gives a boost to the tourism sector.

Tourism min. discusses promoting tourism with Italian amb.

Tue, 17 Apr 2018 - 11:05 GMT

Mashat affirmed the importance of Italy’s market as one of the most significant tourism sources for Egypt.

Egypt takes part in Spanish tourism fair

Sun, 14 Jan 2018 - 04:08 GMT

Egypt, among 165 countries, will participate in the International Tourism Fair Fitur, which will kick off at Feria de Madrid in Ifema

Catalonia independence push sparks tourism slump

Thu, 19 Oct 2017 - 10:54 GMT

Catalonia’s independence push is taking its toll on the region’s tourism industry, with revenues and hotel bookings down since October 1 secession referendum.

Egyptian tour guides are the best despite tourism crisis: advisor

Sun, 30 Jul 2017 - 12:45 GMT

Egyptian tour guides are the best in the world according to the evaluations of international tourism organizations and internationally approved performance reports”