Tourism begins to rebound in July: Egypt has received some 22k tourists to the coastal governorates of the Red Sea, South Sinai and Matrouh since it resumed international flights at the beginning of the month, Tourism and Antiquities Minister Khaled El Anany said in an interview with CNBC Arabia. No covid-19 cases have been reported among them. Historical and cultural tourism in Luxor and Aswan governorates will resume when covid-19 cases there subside, he said.

Don’t mention FDI: While the ministry is helping investors complete projects that were already in development pre-covid, it’s just too early to talk of new investment in the sector at this stage, El Anany said.