CAIRO, June 1, 2018 (MENA) – The Egyptian government is keen to develop Upper Egypt governorates and lure further investments in the industrial and trade sectors, in addition to promoting all forms of tourism, Local Development Minister Abu Bakr el Gindi stressed on Friday.
In this regard, el Gindi cited a recent investment map set by the government in which it includes 4,136 investment opportunities covering eight industrial sectors in several Upper Egypt governorates.
The local development ministry is working on to prepare a database and feasibility studies on all projects expected to be implemented in Upper Egypt, he said.
The ministry seeks to offer all possible facilitation to all investors for finalizing those projects, which in turn could secure more jobs for youths, he added.
CAIRO, May 23, 2018 (News Wires) - Egypt’s tourism revenues jumped 83.3 per cent in the first quarter of 2018 to $2.2 billion, a government official told Reuters.
The number of tourists who visited Egypt in that time jumped 37.1 per cent to 2.383 million, added the official who asked to remain anonymous.
The tourism sector is one of the country’s main sources of foreign currency. A total of 14.7 million people visited Egypt in 2010 before the Egyptian revolution.
SEOUL, May 14, 2018(MENA) - Head of Egypt's House of Representatives Foreign Relations Committee Tareq Radwan discussed on Monday in Seoul with a delegation of South Korean lawmakers means of boosting bilateral partnership in the political and economic domains.
The delegation members expressed dissatisfaction at the restrictions imposed by the South Korean government on travel to Egypt, pointing out that South Korea is still the only country that imposes restrictions on travel to Egypt since 2011.
The delegation members stressed the importance of resuming direct flights to boost partnership between the two countries, praising the House of Representatives role in finding solutions to the problems the South Korean investors faced in Egypt in 2016.
CAIRO, May 13, 2018 - Prime Minister Sherif Ismail gave directives to officials to continue efforts of promoting tourism and developing the tourist sector and infrastructure in various governorates to upgrade this vital sector and lure tourist investments.
He ordered also preparing short Nile tourist programs in Greater Cairo and some governorates to activate cultural tourism and maximize the benefit of the floating hotels and archaeological sites.
These remarks came during the meeting held on Sunday with an number of tourist investors to probe means of developing the Nile tourism and benefiting of the floating hotels.
During the meeting, the investors submitted a paper to increase the number of hotel rooms in Cairo to accommodate the rise of occupancy rates expected as the inauguration of the Grand Egyptian Museum approaches.
The meeting resulted in making some decisions such as studying the establishment of a berth southern al Bahr al Azam in Giza as part of the plans to upgrade the tourism sector.
The decisions included also constructing berths in Beni Suef, Minya and Sohag to shed light on the cultural tourism.
SHARM EL-SHEIKH, Egypt, May 12, 2018 - Egypt's Tourism Minister Rania al-Mashat said on Saturday that the government was exerting strenuous efforts to attract the largest number of Chinese tourists.
Al-Mashat’s remarks came in an exclusive interview with Xinhua on the sidelines of the 44th meeting of the UN World Tourism Organisation (UNWTO) Commission for the Middle East and UNWTO Regional Conference, which wrapped up Thursday in Sharm el-Sheikh city.
"China is a very important country and one of the largest exporters of tourism in the world," the minister said, adding that China annually exports about 150 million tourists, spending about 200 billion US dollars.
She stressed that Egypt will make great efforts and is working to provide large facilities to attract more Chinese tourists in the future.
Al-Mashat pointed out that there is coordination and co-operation with the Chinese side on this regard, noting that the role of the Egyptian Tourist Office in Beijing will be activated soon.
"I believe that there will be more Chinese tourists coming in the near future," the minister said.
She strongly welcomed China's investment in the tourism sector in Egypt, stressing there are many tourism opportunities for Chinese investors.
Egypt is a favourable attraction to hundreds of thousands of Chinese tourists each year for its historical sites and sunny sandy beaches.
According to Egyptian statistics, China has become the fourth largest exporter of tourists to Egypt since the beginning of 2017.
Meanwhile, the minister said that the tourism sector at the international level is growing due to the increase in the economic growth of a large number of economies.
This certainly means that there will be a demand for investment in the tourism sector, both regarding tourist facilities and other tourism activities, she explained.
She pointed out that Egypt has witnessed in 2017 a remarkable increase in tourist numbers, which is a promising indication for an improvement of the sector.
Official Egyptian statistics reveal that Egypt's tourism revenues jumped 123.5 per cent year-on-year to US$7.6 billion in 2017.
"We are keen to increase the quality and efficiency of our tourist destinations as well as increasing investment in the human factors in the tourism sector so that tourist experience in Egypt would be a happy one and thus tourists would visit Egypt more than once," the minister added.
CAIRO, May 10, 2018 - Tourism Minister Rania el-Mashat conferred with the Secretary-General of the World Tourism Organisation (UNWTO), Zurab Pololikashvili, on boosting co-operation between the Ministry of Tourism and the UN organisation in 2019.
The meeting was held on Thursday on the sidelines of the 44th session of UNWTO's Middle East committee in Sharm el-Sheikh.
They discussed the reassessment of hotel classification.They looked into the use of technology and other ways to support innovation and entrepreneurship in the travel, tourism and hospitality business.
Mashat praised the role of the UN organisation in supporting tourism in all its 156 memberstates.
She said that she was looking forward to more co-operation between Egypt and UNWTO in the future.
UNWTO, it was agreed, would send an expert to reset the hotel classification system here to match international criteria and guarantee quality services for tourists.
The talks also tackled a human resources training and development strategy that fitted the country’s tourism market.
El-Mashat said that about 30 per cent of the tourist influx came from Arab countries.
Pololikashvili said UNWTO was ready to provide Egypt with all the technical support it required.