Tourist arrivals increased by 52.3% y-o-y in 1H2017, according to data received by the Tourism Ministry and cited by Al Shorouk. 3.5 mn tourists visited Egypt in the first half of the year, with tourist nights increasing to 37 mn from the 13 mn recorded in 1H2016.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Africa’s corporate debt market is just 0.3% of the world’s, with Egypt’s share more than halved since 2010
The OECD puts Africa’s market-based corporate debt at USD 211…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…