Egypt taps private firms and long-delayed museum to revitalise tourism

Museum of Egypt, Cairo, Egypt [Photo by Spencer Davis on Unsplash]

Egypt, home to ancient pyramids and Red Sea resorts, aims to boost tourism by up to 30 per cent   annually over the next five years, bringing in private firms to operate sites and inaugurating a huge museum around the end of 2023, its Tourism Minister said. Tourism is a crucial source of foreign currency and jobs for Egypt's struggling economy. The sector earned $10.75 billion in the financial year ending in June 2022, up from $4.86 billion the prior year, when it was hurt by the coronavirus pandemic, Reuters reports. But it captures a little less than 1 per cent of the global tourism market, said Ahmed Issa, a former banker appointed as Tourism Minister last summer. The budget […] Source

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes