Egypt

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With concerted efforts aiming to put the country’s economy on a long-term growth path, Egypt has been progressively focusing on improving its transport infrastructure. Better transport networks are not only key to fulfilling the country’s ambitions to raise trade volumes with international markets; they will also be useful to properly manage...

 

Aided by easier and cheaper travel, global tourism has experienced two decades of almost uninterrupted growth. According to the World Bank, the number of international departures more than doubled between 1997 and 2017, from 687m to 1.57bn per annum. With the global middle class estimated by the US-based think tank Brookings Institution to be...

 

How is Egypt aiming to diversify the source markets from which it is attracting tourists?

 

Following a turbulent period from 2011 to 2016 the Egyptian tourism sector has experienced consistent growth. Efforts aimed at diversifying source markets, improving safety and conducting successful marketing campaigns are continuing to pay dividends. As a result, Egypt witnessed double-digit growth in international travellers in both 2017 and...

 

The last remaining of the Seven Wonders of the Ancient World, Egypt’s Great Pyramids of Giza, have drawn millions of tourists interested in exploring the tombs and ancient artefacts discovered along the Nile River. Thousands of antiquities are stored in the Egyptian Museum of Antiquities in Cairo, with many others showcased in museums...

 

One of the most important changes to take place recently is the digitisation of tax, a process which began in Egypt only in mid 2018. The tax rate in Egypt is lower than a number of other countries around the world, which is important in boosting the country’s competitiveness. However, in the past the difficulty associated with filing taxes...

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