In this Global Platform video, Osama Bishai, CEO of Orascom Construction, and David De Visscher, country manager of BESIX, discuss construction and design of the new Grand Egyptian Museum that is being built in Cairo. The museum, which will be located within sight of the pyramids, has been designed to architecturally complement the surrounding area, as well as host artefacts that demonstrate the history
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 expanding by as many as 160m people per year until…
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 US-based think tank Brookings Institution to expand by as many as 160m people per year until 2021, it…
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 expanding by as many as 160m people per year until 2021,…
Egypt’s global reputation as a destination for heritage tourism has been strengthened by a series of major archaeological finds. In tandem with investment in new infrastructure, the new discoveries are expected to support a recent rebound in the sector’s fortunes. On April 13 the Ministry of Antiquities unveiled a 4300-year-old tomb at Saqqara, a necropolis south of Cairo. The burial site housed…
Interview: Rania Al Mashat How is Egypt aiming to diversify the source markets from which it is attracting tourists? RANIA AL MASHAT: Tourism is an important pillar of Egypt’s economy, contributing 20% of GDP in 2018, and is also one of the fastest-growing sectors. Because of this and of the challenges the sector has faced in recent years, we felt it was necessary to put together the Egypt Tourism…
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 2018 from a broad range of countries. Indicators Record…
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 elsewhere in Egypt and around the world. Grand Egyptian…
Following a turbulent period from 2011 to 2016 the Egyptian tourism sector has experienced consistent growth. The industry recorded gradual growth in arrivals and revenue in 2017 and 2018. Although visitor numbers have not yet been restored to their pre-2011 levels, occu¬pancy rates have increased across the country, with Cairo experiencing its highest occupancy levels since 2010. New source markets…
Egypt is a large and fast-growing country. It is the most-populous Arab nation, the third-most-pop¬ulous country in Africa and the 14th-most-populous country in the world. As of 2017 the population was some 97.5m, according to the World Bank, and growing by 2% per year. According to the live ticker on the website for the Central Agency for Public Mobilisation and Statistics the population is over
