Economic update | Abu Dhabi: A shift in focus
Articles & Analysis | Room for growth: Amidst challenges there are many opportunities for expansion from The Report: Egypt 2012
As protests spread across much of the Arab world in early 2011, Egypt’s tourism sector braced for a challenging year. Few, however, realised just how difficult it would be. According to the Ministry of Tourism (MoT), arrivals were down 33%, revenues dropped by 30% and the number of nights spent in the country by tourists fell 22%. However, Egypt’s...
Interviews & Viewpoints | OBG talks to Mounir Fakhri AbdelNour, Former Minister of Tourism from The Report: Egypt 2012
How has the tourism industry been affected by the revolution? What signs of recovery have you seen?
Articles & Analysis | A difficult year: Political uncertainty and regional instability dent visitor numbers from The Report: Egypt 2012
When asked about 2011, Egypt’s former minister of tourism, Mounir Fakhri AbdelNour, is candid: “It would be an understatement to say it was a difficult year.” The same holds true for the millions of Egyptians who rely on tourism for their livelihoods. More than any other sector of the economy, tourism has suffered from the ongoing political...