According to the Ministry of Planning, Economic Development, and International Cooperation, the uptick in growth was driven by significant improvements in non-petroleum manufacturing, transportation, and tourism
According to Minister of Tourism and Antiquities Sherif Fathy, in 2023, the country's tourism sector experienced a 14% growth compared to pre-COVID levels, with positive results in both tourist numbers and revenue generation.
The meeting, attended by Minister of Housing, Utilities, and Urban Communities Engineer Sherif El-Sherbiny and Assistant Minister of Housing Abdel Khalek Ibrahim, focused on enhancing the area’s appeal to tourists and improving visitor services in line with its archaeological and historical significance
Qatari firms were identified as key partners in projects aimed at expanding Egypt’s growing property market. The Egyptian government also presented opportunities for joint ventures in other regions, including collaborations with Egyptian construction firms active in Africa.
This growth aligns with the incoming tourism trends from Egypt’s target markets throughout this year.