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Tourism is one of the leading sources of income, crucial to Egypt's economy.At its peak in 2010, the sector employed about 12% of workforce of Egypt, [1] serving approximately 14.7 million visitors to Egypt, and providing revenues of nearly $12.5 billion [2] as well as contributing more than 11% of GDP and 14.4% of foreign currency revenues.
At Egypt's Red Sea resorts, visitor numbers are well below previous years. Tourism accounts for up to 15% of Egypt's national output, and officials said it was losing around $1 billion each month ...
In Upper Egypt, tourists that "provided one of the most important sources of income besides farming has dried out". [128] Grand Egyptian Museum. Egypt's government announced the work on multiple projects within the tourism sector, most prominently the Grand Egyptian Museum. Set to open in June 2021, becoming the largest museum in the world ...
UBS just released its price and earnings report. The report compares purchasing power in 71 cities around the world. One part of the study looked at what one night costs in various cities across ...
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The tourism sector employs about 12% of Egypt's workforce. [226] Tourism Minister Hisham Zaazou told industry professionals and reporters that tourism generated some $9.4 billion in 2012, a slight increase over the $9 billion seen in 2011. [227] The Giza Necropolis is one of Egypt's best-known tourist attractions; it is the only one of the ...
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