Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt

Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt

Mohamed Abu-Basha, deputy head of the research sector at EFG Hermes, praised the decision to resume flights between Egypt and Russia, stating that it will contribute roughly US$3.5 billion in Egyptian tourism revenues. Abu-Basha added that in the past, Russian tourism represented about a third of the arrivals to Egypt, with three million tourists coming “¦ Continued

The post Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt appeared first on Egypt Independent.Mohamed Abu-Basha, deputy head of the research sector at EFG Hermes, praised the decision to resume flights between Egypt and Russia, stating that it will contribute roughly US$3.5 billion in Egyptian tourism revenues. Abu-Basha added that in the past, Russian tourism represented about a third of the arrivals to Egypt, with three million tourists coming “¦ Continued

The post Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt appeared first on Egypt Independent.