Egypt, Turkey consider coordination to boost tourism

Egypt, Turkey consider coordination to boost tourism

In the wake of the stagnation that hit the vital tourism sector in Egypt since the start of the Russian war on Ukraine Feb. 24, Egypt is contemplating new ways to attract foreign tourists, including Russians, as both Russia and Ukraine are among its most profitable markets.

The conflict between Russia and Ukraine has halted the flow of tourists from the two countries, which bodes ill for the tourism sector since Russian and Ukrainian tourists account for roughly a third of the annual number of incoming tourists to Egypt.

The tourism sector accounts for about 12% of Egypt’s gross domestic product and is one of the main sources of foreign currency in an economy that the Ukrainian war is placing pressure on and that is grappling with an unprecedented wave of inflation.