Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Egypt's Tourism Revenues Hit $12.6 Bln, Highest in History


Fri 04 Oct 2019 | 04:17 PM
Hassan El-Khawaga

Egypt's tourism revenues accelerated by 28% to reach $12.6 billion in 2018/2019, the highest in Egypt's history, according to the Central Bank of Egypt (CBE). 

Earlier, the Central Agency for Public Mobilization and Statistics (CAMPAS) uncovered that about 11.3 million tourists visited Egypt in 2018, 61% of them are Europeans. In 2018, tourists spent 121 million nights in Egypt. 

In this score, Tourism Minister Dr. Rania Al-Mashat congratulated Egypt and everyone who directly and indirectly works in tourism on unprecedented tourism revenues. 

https://twitter.com/RaniaAlMashat

"Setting a policy framework for the Egyptian tourism sector matters not only to achieve the aspired goals but also for exceeding them therefore, we launched the Egypt-Tourism Reform Program (E-TRP)," Al-Mashat said. 

The minister expressed her happiness for such positive outcomes, affirming that what had been achieved was because of ongoing cooperation between the ministry and its partners locally and globally to implement E-TRP's pillars. 

She also pointed to the release of the E-TRP's first progress report in the last month after 10 months of launching the program. 

The efforts, exerted to develop the sector, were crowned by international reports in which Egypt scored the fourth highest Travel & Tourism performance improvement in the World Economic Forum’s latest Travel and Tourism Competitiveness Report (TTCR).

The report also mentioned that Egypt leaped from the 65th place to fifth place in the tourism brand strategy.