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Egyptian security officials stand guard as tourists visit the ruins of the Karnak Temple in Luxor, Egypt, June 10, 2015. (AP Photo/Hassan Ammar)
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Undated file photo of an EgyptAir aircraft. (Reuters)
EgyptAir losses may reach EGP 10 billion—official
Cairo, Asharq Al-Awsat—EgyptAir may suffer losses of up to 10 billion Egyptian pounds (1.4 billion US dollars) this year, according to the chairman of the airline’s parent company. Speaking during a news conference held by the Ministry of Aviation and attended by...Caption:
On this Wednesday, April 30, 2014 photo, tourists visit Luxor Temple, a large ancient Egyptian temple complex on the east bank of the Nile River in Luxor, Egypt. (AP Photo/Khalil Hamra)
Egypt announces plans to revive flagging tourism sector
Dubai, Reuters—Egypt’s tourism minister on Sunday announced ambitious plans to try to revive the country’s tourism sector, in distress after years of political turbulence. Government data showed last month that tourism revenue dropped 43 percent to 1.3...Caption:
Pedestrians walk at the Khan El-Khalili market in Cairo, Egypt, on Tuesday, December 31, 2013. (AP Photo/Nariman El-Mofty)
Egypt tourism revenues down 41 percent in 2013
Cairo, Reuters—Egypt’s tourism revenue sank by 41 percent to 5.9 billion US dollars in 2013 in comparison with a year earlier, Tourism Minister Hisham Zaazou said on Tuesday, a further sign of pressure on one of Egypt’s main sources of foreign currency....Caption:
Ezzat Bayomy, 42, a shopkeeper, smokes a hookah as he waits for customers at an old souvenir shop at a popular tourist area in the Khan el-Khalili market, at al-Hussein and Al-Azhar districts in old Cairo October 29, 2013. Egypt aims to attract 13.5 million visitors next year, bringing in around $11 billion, as it launches an international campaign to lure back foreigners deterred by political turmoil, the tourism minister said. REUTERS/Amr Abdallah Dalsh (EGYPT – Tags: BUSINESS TRAVEL SOCIETY)