In addition to hotels, tourist companies, restaurants, and bazaars will have to pay additional fees into the fund. The announcement was made to the Official Gazette yesterday
Tourism minister Khaled El Anani, during a tourism conference in Riyadh, said that Egypt is hoping for a total of more than 6 million tourists this year as in-bound tourist numbers rise
Monthly tourism revenues were less than half compared to pre-COVID times, recording at around $500 thousand
The extension aims to encourage domestic tourism, and coincides with the holidays and summer vacations period
Up to 15 percent of Egypt’s national output comes from tourism, which is a key source of foreign currency
