Egypt to swap capital gains for stamp duty to boost stock market investment    Petroleum minister, AngloGold Ashanti discuss expanded investments in Egypt    Egypt, Volkswagen discuss multi-stage plan to localise car manufacturing    Egypt denies coordination with Israel over Rafah crossing    Egypt tackles waste sector funding gaps, local governance reforms    Egypt, Switzerland explore expanded health cooperation, joint pharmaceutical ventures    IMF mission begins fifth, sixth reviews of Egypt's economic programme – PM    EGX closes in green area on 3 Dec    Egypt recovers two ancient artefacts from Belgium    Oil prices edged lower on Wednesday    Egypt's Abdelatty urges deployment of international stabilisation force in Gaza during Berlin talks    Egypt opens COP24 Mediterranean, urges faster transition to sustainable blue economy    Private Egyptian firm Tornex target drones and logistics UAVs at EDEX 2025    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt adds trachoma elimination to health success track record: WHO    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian tourism booms ahead of the global average: World travel council
Published in Ahram Online on 18 - 03 - 2019

Travel and tourism in Egypt grew by 16.5% in 2018, much faster than the global average of 3.9%, according to research by the World Travel and Tourism Council (WTTC).
According to The WTTC's, the country's efforts in improving security infrastructure paid off, leading to the increase in visits by 16.5% last year, the best since 2010.
The improvements in security infrastructure resulted in attracting tourists and major travel companies back to Egypt's popular destinations, such as Sharm El-Sheikh, the Ministry of Tourism said in a statement on Monday.
The WTTC's 2018 research, which compared Travel & Tourism sectors in 185 countries, also showed that travel and tourism are responsible for 9.5% of all Egypt's employment, providing 2.5 million jobs. The travel and tourism sector also contributed 11.9% of Egypt's GDP in 2018 and is expected to grow a further 5.4% in 2019.
The statement quoted Egypt's Minister for Tourism Rania Al-Mashat as saying at a WTTC panel in November 2018 that she hopes to create “at least one opportunity for one person in every household in the country.”
It also quoted Gloria Guevara, the WTTC president and chief executive, who had said: “We're delighted to see the strong recovery of the Egyptian travel sector – a sector crucial to national economic growth and a key provider of jobs."
“WTTC also acknowledges Dr Rania Al-Mashat's prioritization of the sector and strategy to use the sector to enrich citizens and spread the benefits of travel and tourism across the country," Guevara added.


Clic here to read the story from its source.