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The Egyptian Museum: a timeline of history

The iconic Egyptian Museum on Tahrir Square in Cairo was built to display the richness of Egypt’s history to the world in the form of 8,000 artifacts. It currently holds over 120,000 pieces and is slated to move to a larger, new location. The Daily News Egypt spoke to Sayed Hassan, the General Director of the Egyptian Museum, about its role as a site of national heritage, the plans for the new location, and on how he manages this institution bursting at the seams with art, science, and religious history.

Rachel Adams

CAPMAS: Tourism up by 8.3 percent

The Central Agency for Public Mobilisation and Statistics (CAPMAS) released yesterday the latest figures on tourism during July showing an 8.3 percent increase in the number of tourists from around the globe from the same month last year. According to the latest CAPMAS tourism figures, up to one million tourists visited Egypt during July, compared …

Islam Serour

CBE reports EGP 11.3billion balance of payment deficit

The Central Bank of Egypt (CBE) announced Monday that Egypt’s balance of payment totalled USD eight billion during the 2011/2012 fiscal year, compared to a surplus of $571.2 million in the previous fiscal year. The decline was attributed to reduced tourism profits and the current political atmosphere in Egypt and the region. CBE reported that …

Islam Serour

USD exchange rate skyrockets

Few days after president ‘s statement that the Egyptian Pound will not be devaluated, the exchange rate of the US dollar rises against the Egyptian pound to hit its highest level since 2004

Daily News Egypt

German tourist bookings expected to burgeon

Minister of Tourism Hisham Zaazou met German travel agents to promote Egypt as a tourist destination at a workshop in Al-Gouna resort on Saturday. Zaazou told attendees that tourism is one of the country’s top priorities and a vital source of foreign currency and employment opportunities. Up to 25 German tourism companies participated in the …

Islam Serour

First long Nile cruise since 25 January docks in Menya

By Mohamed Abdel Monsef and Abdel Razek Elshoweikhy Minister of Tourism Hesham Zaazou passed a decision last Sunday to re-start long Nile cruises from Luxor and Cairo. Two days ago the first cruise arrived in Menya. General Director of Tourism at the governorate, Osama Wadie, said that the boat docked at the Ekhnaton port of …

Daily News Egypt

Negotiations to streamline Qatari investment obstacles underway

By Ehab El-Dobaby and Mohamed Ayyad Within the coming days, a number of officials and executive directors of Qatari companies operating in Egypt will engage in negotiations with the Egyptian government. The negotiations will hopefully streamline several conflicts pertaining to the investment contracts that were signed by these companies before the 25 January revolution. During …

Daily News Egypt

Marriott teams up with Visa to offer free nights this summer

 Leading hotel group Marriott International has teamed up with VISA in the Middle East and Africa to offer 3 nights stay for the price of 2, for the duration of the summer. The offer also includes 20% off all food and beverage at participating outlets. “At Visa, we know the summer season can be an …

Daily News Egypt

Flash mob in El-Azhar park to promote tourism

As the sun began to make its way down the horizon, and families gathered at the park for Iftar, the signal to start was given. For the next ten seconds everyone scrambled to find a pose, and continued to hold the pose for the next three minutes. A videographer roamed around the still participants.

Luiz Sanchez

Tourism Minister: expedite land allocation for recreational development

By Abdel Raziq El-Sheweikhy   Minister of Tourism, Hesham Zazou, has called on the Tourism Development Authority (TDA) to expedite its procedures for allocating lands for hotel and recreational development, starting with appraising the value of the lands to be offered. Major General Tarek Saad El-Din, head of the TDA, said that the authority plans …

Daily News Egypt

FJP: PM should implement Sinai development plan

By Moustafa Salah The Freedom and Justice Party (FJP) has called on Prime Minister Hesham Qandil to begin implementing the plan to develop the Sinai before the end of the year. The party emphasised the need to develop the Sinai in the wake of the latest terrorist attack on soldiers guarding the border with Israel. …

Daily News Egypt

Sinai event impedes tourism revival efforts

By Abdel Razaq El-Sheweikhy Tourism investors expressed fear that the terrorist attack in the Sinai will negatively impact tourism in Egypt, particularly in southern Sinai. They predicted that hotel reservations would decline in that area the coming week by 40 percent. Samy Soliman, head of the Taba and Nuweiba Investors Association, said that the effects …

Daily News Egypt

National Bank of Egypt to finance tourist projects

By Walid Abdelazim An official at the National Bank of Egypt (NBE) stated that the bank is currently conducting studies into providing an additional EGP 300million for tourist projects in Marsa Alam and Taba. The official said that the NBE recently provided EGP 1million to the two cities, mostly for hotels to upgrade their insurance …

Daily News Egypt

Minister of tourism: initial indicators confirm sector recovery

By Abdel Razeq Al-Shweikhy “The tourism sector is only operated at 20% capacity after the January 25 Revolution,” began Minister of Tourism Monir Fakhry Abdel Nour, emphasizing that his Ministry is aiming for a return to the tourism numbers of 2010, in which the sector had 14.7 million visitors and revenues of EGP 12.5bn. Abdel Nour said that satisfaction with the results of …

DNE

Egypt Q1 tourist arrivals up 32 pct

By AFP CAIRO: The number of tourists visiting Egypt rose 32 percent in the first quarter of 2012, compared to the same period of 2011 when the sector plunged because of Egypt’s revolution, officials said on Thursday. A total of 2.5 million tourists arrived in Egypt between January and March, compared with 1.89 million a …

DNE

INTERVIEW: Turkish tourism feels ripples of Arab Spring

By Lin Noueihed / Reuters DJERBA: Thirteen months of unrest in Syria have hurt tourism in neighboring Turkey, which expects visitor numbers to remain stable in 2012 at more than 30 million, Turkish Tourism Minister Ertugrul Gunay said on Monday. Speaking to Reuters on the sidelines of a Mediterranean tourism conference in Tunisia, Gunay said …

DNE