Finance Ministry to offer eight T-bill, bond tenders worth EGP 190bn this week    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    Gold slips at start of 2026 as thin liquidity triggers profit-taking: Gold Bullion    ETA begins receiving 2025 tax returns, announces expanded support measures    Port Said health facilities record 362,662 medical services throughout 2025    Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt    Nuclear shields and new recruits: France braces for a Europe without Washington    Cairo conducts intensive contacts to halt Yemen fighting as government forces seize key port    Gold prices in Egypt end 2025's final session lower    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    Egyptian pound edges lower against dollar in Wednesday's early trade    Oil to end 2025 with sharp losses    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt to cover private healthcare costs under universal insurance scheme, says PM at New Giza University Hospital opening    Egypt completes restoration of 43 historical agreements, 13 maps for Foreign Ministry archive    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    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    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.



Experts expect no significant impact on Egypt's tourism after Dubai's alcohol-related measures
Some Egyptians paid attention to these measures having concerns that this decision might impact Egypt as one of the main tourists' hubs in the Middle East.
Published in Daily News Egypt on 03 - 01 - 2023

Dubai started the 2023 year by cutting off a 30% tax on alcohol sales and making liquor licences free, in an attempt to boost business and tourism.
Some Egyptians paid attention to these measures having concerns that this decision might impact Egypt as one of the main tourists' hubs in the Middle East.
So Daily News Egypt discussed with tourism stakeholders to learn more about the impact of this decision on Egypt as a tourist destination, in addition to discussing if Egypt needs to take similar measures.
Yasser Sultan, Egyptian Travel Agents Association's (ETAA) General Assembly member and General Manager of Egyptian Valley Tours, and Elhamy El-Zayat, former Chairperson of the Egyptian Tourism Federation (ETF), stressed that these measures are not expected to negatively impact the tourism movement in Egypt.
For his part, Sultan explained that Dubai is not a direct competitor tourism market to Egypt, as Dubai depends mainly on the shopping, conferences and the entertainment tourism patterns, while Egypt depends mainly on the beach tourism in addition to the cultural tourism. So the competitive edge is not in the prices of the alcohols or the taxes but it is in the patterns or tourism products that Egypt offers which are unique.
He explained further that Egypt competes mainly with Turkey and Tunisia, while Dubai competes with Saudi Arabia.
"Despite the current economic decisions, the programs of visiting Egypt have reasonable prices, and sometimes cheaper than its competitor markets," he explained.
"Egypt is not in need to reduce or remove taxes, as it is considered one of the main revenues for the country, but Egypt needs to pay more attention to the tourism file and make it a national priority file," Sultan concluded.
For his part, Elhamy El-Zayat said that these measures are not expected to negatively impact the tourism movement in Egypt as the tourist will not decide his tourism destination depending on the alcohol, mentioning that Egypt has unique archeological destinations that the tourists cannot neglect.
He called for reducing the taxes on alcohols in the hotels, explaining that for the high quality alcohols which is out of the list of the all inclusive, is very expensive evidencing that on the hotels the high quality whiskey bottle ranges to about EGP 17,000, while the glass ranges from EGP 400 to 500, while what is offered in the all inclusive is most of the times a low quality ones.
"So maybe if we cut down the taxes, maybe the spending rate of the tourist might increase, as he will consume alcohol in the hotel and outside the hotel in other restaurants, but we cannot remove it completely as it is one of the main revenues of Egypt," he concluded.


Clic here to read the story from its source.