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05/09/2017 - 13:33hs
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Egypt’s tourism revenues up 170%

The sector generated USD 3.5 billion from January to July and the country attracted 4.3 million visitors. The hike was due especially to an increase in arrivals of Germans and Ukrainians.



São Paulo – Revenues from the tourism sector increased by 170% in Egypt in the first seven months of this year and reached USD 3.5 billion, according to a feature by news agency Reuters republished by Arab websites.

Fayed El Geziry/NurPhoto

Tourism generates revenues for Egyptian retail

The number of tourists that visited Egypt also increased in the same period. It went up 54% over January to July 2016 to 4.3 million visitors. The number of Germans and Ukrainians increased the most.

According to the news feature, Europeans accounted for 75% of the total number of tourists, while Arabs accounted for 20%. The information source is an Egyptian government official.

Egypt is expecting 8 million visitors this year – it saw 4.5 million in 2016. Revenue in 2017 is seen reaching USD 6 billion, almost twice as much as last year’s USD 3.4 billion.

Despite the hike over 2016, tourist influx is still short of the 14.7 million travelers the country welcomed in 2010, before the conflicts broke out that overthrew president Hosni Mubarak and ushered in a protracted spell of political and social unrest.

Ever since Egypt regained political stability, the government has been working to bring tourists back and increase tourism revenue, but events like the taking down of a Russian airplane in the Sinai two years ago and a terrorist attack on pilgrims last May have gotten in the way of an industry recovery. 

*Translated by Sérgio Kakitani & Gabriel Pomerancblum

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