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Business Today Egypt | October – November 2023, Special Edition

Business Today Egypt | October – November 2023, Special Edition

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Tourism

pact the nation’s tourism revenue, which is

projected to climb from $13 billion to approximately

$14.4 billion. Egypt aims to increase visitor

turnout by 25%-30% annually to reach 30

million tourists by 2028.

Cultural and archeological tourism, adventure

tourism, and leisure and entertainment tourism

have been identified by the Ministry of Tourism

and Antiquities as the most important tourism

products it is working to advance in the country.

New Alamein Means a New Approach

In late August, President Abdel-Fattah Al-Sisi,

Prime Minister Mostafa Madbouli, and Minister

of Tourism and Antiquities Ahmed Issa addressed

important goals related to Egypt’s tourism

industry. The primary objectives discussed

included creating an advantageous investment

environment in various tourist destinations, and

expanding the availability of hotel rooms.

The meeting focused on means to enhance

the growth of inbound tourism and to support

Egypt’s aspiration of attracting 30 million visitors

annually by 2028.

“Egypt presents El-Alamein City as a new

tourism product that allows Egypt to maintain

tourism throughout the year. The area on the

northern coast has one of the most beautiful

www.businesstodayegypt.com November 2023

17

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