Egypt aiming for tourism revenues of $6 billion-$7 billion in 2021 – deputy minister
Hibbing, MN, USA / 93.9 WTBX Apr 25, 2021 4:14 AM CAIRO (Reuters) – Egypt is aiming for tourism revenues of $6 billion-$7 billion in 2021, the deputy tourism minister told Reuters. Tourism revenue, a key source of foreign currency for Egypt, plunged by 70% in 2020 due to the coronavirus pandemic. Tourism usually accounts for up to 15% of the country’s gross domestic product. The number of tourists visiting Egypt sank to 3.5 million last year from 13.1 million in 2019. Egypt expects to see around 60% of the number of visitors it had in 2019 this year, Ghada Shalaby said. The country ex...