Author name: Ashton

Egypt’s tourism industry has set a new benchmark, generating over $14 billion in revenue during the past eleven months—a 7.8% increase from previous records, according to Mubasher Pulse. The rise is attributed to a 3.97% increase in tourist arrivals, reaching 14.3 million, and a 7.8% growth in tourist overnight stays, totaling 151.3 million nights. Saudi Arabia emerged as a key contributor, with Saudi tourists spending around $1.5 billion and accounting for half of all Arab visitors. In total, 1.5 million Saudi tourists visited Egypt, further cementing the strong ties between the two nations. Germany, England, and Russia also ranked among the top sources of visitors. Experts predict continued growth in 2025, provided regional geopolitical conditions remain stable. Sameh Saad, a former advisor to Egypt’s tourism ministry, highlighted the sector’s consistent positive growth trajectory for a second consecutive year. Tourism remains a vital pillar of Egypt’s economy, expanding by 8.2% in the first quarter of the fiscal year 2024/2025 and contributing significantly to the nation’s 3.5% overall economic growth.