Wednesday, June 15, 2005

Current State of Tourism in Egypt
“Egypt’s Central Bank said Tuesday the number of tourists who visited Egypt in March increased by 26 percent compared to the same period last year. The bank said in a statement 827,000 tourists visited in March, compared with 656,000 last year. The statement did not identify the nationalities of the tourists or reveal the amount of money they spent.However, the number of tourists is expected to decrease after three foreigners were killed in bombing attacks that targeted tourist areas in Cairo in April. Tourism is a main source of foreign currency in addition to remittances by Egyptian expatriates, oil sales and tolls from the Suez Canal. Tourism revenue was calculated at $6.5 billion in 2004″.

No comments: