Browse
related articles
Egypt tourism revenues fall 13%
- Egypt: Thursday, May 21 - 2009 at 12:23
Egypt's Tourism Minister, Zoheir Garrana has said that the country's tourism revenue has dropped 13.2% in the first four months of 2009 to $3.6bn due to the global slowdown and a sharp drop in eastern European visitors, Reuters has reported. Garrana said that the number of visitors from Ukraine had dropped over 57% while visitors from Poland and Russia had declined by around 23% due to the relative weakness of those countries' currencies against the dollar. However, luxury tourism had not slowed in the year to date, as Nile cruises were witnessing a high occupancy rate, Garrana said. The minister was hoping to keep the overall annual decline at 8% to 9%.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
- » Ford 2011 Mustang to have new engine
- » Dubai World: Official statement on debt obligations
- » Moody's: Dubai World restructuring unlikely to threaten sovereign credit of UAE and Abu Dhabi
- » Dubai World to restructure $26bn Nakheel, Limitless debt
- » More than $147bn committed to development of the Middle East's road, rail and public transport infrastructure
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Staff
