Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Egypt expects 20% jump in 2012 tourists numbers  Join our daily free Newsletter

MENAFN - 19/10/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Egypt's tourism minister, Hisham Zaazou, stated that in 2012, the number of tourists visiting the country is expected to jump around 20 percent, reported Gulf News.

He said that in the January-September period, nearly 8.8 million tourists visited the country; however, the ministry is targeting a number of between 11.5 million to 12 million tourists by the end of the year.

In 2010, around 14.5 million tourists visited Egypt, generating a revenue of around USD2.05 billion, however, revenues dropped to around USD1.43 billion last year, due to a decline in the number of tourists, which reached 9.8 million.

It is worth noting that the tourism ministry would look into a potential tax break for investors in the tourism sector and present a study to the government, which may propose tax breaks of up to 10 years for developers who set up hotels within a certain period of time.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help