egypt 2011 tourism revenues down
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Egypt 2011 tourism revenues down

Egypt Today, egypt today

Egypt Today, egypt today Egypt 2011 tourism revenues down

Cairo - Arabstoday
Egypt expects to earn about $9 billion from tourism in 2011, down by about a third on a year earlier after many visitors were deterred by an uprising that toppled Hosni Mubarak in February and unrest that followed, a senior official said. Tourism is Egypt's top foreign currency earner, accounting for over a tenth of gross domestic product. Analysts say bookings for its beach resorts appear to have recovered faster than visits to areas along the Nile where most pharaonic ruins are found. "We ended up the year 2010 with revenue of $12.5 billion. This year so far we have had fluctuations in the number of visitors ... We started the year with a drop of 80 percent, then it got better through the year," Hisham Zaazou, senior assistant to the tourism minister, said.   "We expect around 30 to 35 percent less revenue than last year, which means it is going to be around $3.5 billion to $4 billion less, so we are speaking about a figure around $9 billion," he added. Tourism Minister Mounir Fakhry Abdel Nour, speaking at a news conference on Tuesday, said tourism had been threatened by some candidates in Egypt's parliamentary election who had made "irresponsible" statements, and he vowed to make sure the industry was not harmed. Many Egyptians working in tourism have warned against what they said were threats by Islamic radicals to undermine the industry. "We will continue to support the tourism sector, which is a main pillar of the Egyptian economy, and we will work hard to support it ... against anyone or anything that would destroy it," Abdel Nour said. Radical groups look set to have a strong showing in parliament, with the once-banned Muslim Brotherhood winning 37 percent of the vote in a first phase of balloting and the much more puritanical Salafis securing a surprise 24 percent.    There have been suggestions that an Islamist government in Egypt might restrict alcohol sales, mixed bathing and the wearing of revealing swimwear in the country's popular resorts, like Sharm el-Sheikh on the southern tip of the Sinai Peninsula. The Muslim Brotherhood has said these were not its agenda.    One prominent Salafi spokesman has suggested covering up ancient Egyptian statues, such as the Sphinx that guards the pyramids, saying they may be idolatrous. He was later disavowed by members of the Salafist al-Nour party.   "Tourism creates jobs in the investment stage and the construction stage and jobs in the administration and service stage," Abdel Nour said.   A main challenge was "the irresponsible rhetoric by one faction or another that threatens the tourism sector," he said. "I assure people that this rhetoric does not express reality ... and is incapable of being implemented."  
egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

egypt 2011 tourism revenues down egypt 2011 tourism revenues down



GMT 10:14 2019 Monday ,19 August

Love a special date with you

GMT 10:34 2012 Tuesday ,23 October

Stacy Keibler in Monique Lhuillier

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 01:25 2016 Thursday ,27 October

Deputy FM back home from Juba

GMT 09:20 2012 Friday ,16 November

Twilight\' stars eye new life after vampire saga

GMT 06:21 2017 Sunday ,13 August

US Marines pause flights for 24 hours

GMT 08:01 2017 Monday ,30 October

Christie: Mueller's targets should be concerned

GMT 07:48 2018 Tuesday ,23 January

Kurds invited to join Syria peace

GMT 09:05 2013 Wednesday ,31 July

Angelina Jolie\'s classic style

GMT 14:44 2012 Monday ,27 February

Capital by John Lanchester

GMT 10:28 2017 Thursday ,09 November

Emboldened Xi, weakened Trump face tough talks
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday