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FINANCIAL NEWS
Tourist arrivals to Egypt up 11.8% in Jan-Apr
22 May 2013
(MENAFN) The Egyptian cabinet announced that the country received around 4 million tourists between January and April, a rise of 11.8 percent from a year before, reported Arabian Business.
In the period, tourism revenue jumped by 16.2 percent, reaching around USD3.4 billion.
The country’s tourism sector, which contributed with more than 10 percent to gross domestic product (GDP) before the 2011 uprising, has been hit hard by kidnappings and accidents.
It is worth noting that in 2012, the country received nearly 11.5 million tourists, compared with 9.8 million in 2011, however, below the 14.7-million figure posted in 2010.
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