The UAE has pumped US$4 billion into the vibrant Egyptian tourism sector, accounting for 30% of total Arab tourism investment in Egypt, a senior Egyptian official has disclosed.
The UAE has pumped US$4 billion into the vibrant Egyptian tourism sector, accounting for 30% of total Arab tourism investment in Egypt, a senior Egyptian official has disclosed.
Quoting figures by Egyptian Tourism Development Authority, First Assistant of Egyptian Tourism Minister Hisham Zazo told reporters on Wednesday at the sideline of the ongoing Arab Travel Market in Dubai that the tourism sector contributes 11.3% to Egypt’s gross domestic product and 19.3% to the total foreign currency income.