INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Egypt records rush in arrival of tourists from Europe and US

Golden Eagle aircraft of South Korea perform during the Pyramids Air Show 2022 above the Pyramid on the outskirts of the Egyptian capital. (AFP)
  • Tourists from Spain and France are leading an increase in visitors to Egypt from a number of European countries
  • Tourism toward Luxor and Aswan is predicted to be healthy from the second half of this month, with Japan, South Korea and India starting to operate flights to Luxor

Cairo, Egypt— Egypt has recorded a huge jump in arrival of tourists from many European countries and the US, as Luxor basks in a tourist boom not seen in the last few years.

Tourists from Spain and France are leading an increase in visitors to Egypt from a number of European countries.

The US is also contributing to the growing demand as Luxor benefits from a tourist boom.

Mohamed Othman, head of the Cultural Tourism Marketing Committee at the Egyptian Ministry of Tourism, told media: “There has been an increase in the tourist traffic coming from a number of European countries, especially Spain and France. Spanish tourism companies are currently doing around 48 trips per month to Luxor.

“There has been a significant increase in the tourist traffic from France, and the same is true of the incoming trips from the US.”

Tourism toward Luxor and Aswan is predicted to be healthy from the second half of this month, with Japan, South Korea and India starting to operate flights to Luxor.

The percentage of confirmed reservations during the winter are higher than those over the past two years, Othman added.

Tourism writer Mai Sayed told a media outlet: “The increase in the number of tourists to Luxor and Aswan, which are located in southern Egypt, is due to the high temperatures there compared to European countries.

“Another factor is that this period is the beginning of the school year, which makes the Egyptian presence in the two ancient cities almost non-existent.”