This rate is 8 times the global tourism growth, which achieved 4.5% in the same period, according to statistics from the World Tourism Organization
Al Lami added that his group's investments in Egypt amount to $3 billion
According to the minister, the country recorded tourist arrivals of 1.3 million from 80 countries in October, an 8% increase year-on-year despite the escalating Israel-Palestine war
Issa pointed out that the government plans to promote Egypt as a tourist destination in various tourist markets through several promotional and marketing campaigns with tour organizers and relevant stakeholders
Suez Canal revenue, a vital source of hard currency, witnessed a significant surge of 25.2% in FY2022/2023, reaching an all-time high of $8.8 billion