Egypt After 2025: Navigating a Critical Inflection Point    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Sri Lanka's expat remittances up in June '25    EU–US trade talks enter 'decisive phase', German politician says    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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.



On the rise: Residential Tourism in Egypt
Published in Daily News Egypt on 06 - 04 - 2007

CAIRO: Residential tourism will be one of the main focuses of the tourism ministry in the coming years, said Minister of Tourism Mohammed Zoheir Garana.
Garana made this statement at a press conference at the Nile Hilton on Tuesday in an event organized by the British Egyptian Business Association (Beba) to discuss the potential of residential tourism in attracting foreign investment in the country.
Real estate and residential tourism are one of the strongest bases for developing the industry, Garana said.
However participants pointed out obstacles, which mainly revolve around chaos on the roads, traffic problems and stringent government regulations concerning the ownership of residential units in Sharm El-Sheikh.
It is a culture that has to change, it will take time but it has to change, Garana said commenting on Egyptians bad driving habits.
The ministry of interior has devised a set of new traffic regulations which will soon be discussed by the cabinet, Garana added.
Following 22 accidents involving tourists since he took office, Garana set up a committee to investigate the accidents.
Along with the Tourism Federation, the Ministry of Tourism created a new system that will not only train bus drivers but has employed a German company to accredit drivers, indicated Garana.
He added that drivers would be subjected to blood tests to monitor alcohol and drug levels on a regular basis.
The deteriorating status of public beaches in Egypt was another of the concerns discussed at the seminar.
The minister responded that public beaches exist all over the world and that the public varies according to the culture.
Private beaches are available, Garana said adding that tourists go to private beaches and pay for them.
As for the issue of government regulations, participants complained about the fact that foreigners are not allowed to own real estate in Sharm El-Sheikh.
Regulations stipulate that non-Egyptians can only have a 99-year allowance for real estate in Sharm El-Sheikh, although this rule is no longer implemented in the rest of Sinai.
Garana said that the ministries of tourism and justice are working on a refined contract concerning the matter.
Mohamed Nosseir, chairman of Beba, emphasized the importance of residential tourism to Egypt s economy but added that one of the reasons why that law exists is because of the history of the region.
We have bad memories of foreigners taking over our lands. The whole Middle East catastrophe started when Palestinians started selling off their land.
He stressed however that residential tourism is a sustainable and ongoing investment. People can invest every year and spend more money. We have offices in England that work on selling homes in Egypt, Nosseir said.
Last year we had 9 million tourists, although everybody doubted that we could ever reach this number, Garana concluded.


Clic here to read the story from its source.