S\u00e3o Paulo \u2013 This Tuesday (22nd) in Cairo, the Egyptian minister of Tourism, Hisham Zaazou, said tourist arrivals were up 17% and tourism revenues were up 13% in 2012 from 2011. In 2011, popular protests led the former president Hosni Mubarak to step down, and scared away international visitors. <\/p>\n
In 2012, there were 11.4 million tourist arrivals in Egypt, resulting in US$ 9.9 billion in revenues. According to information from news agency Reuters<\/i>, in 2011 Egypt received 9.8 million visitors and tourism revenues amounted to US$ 8.8 billion.<\/p>\n
In 2010, prior to the popular uprising that brought down Mubarak\u2019s regime, Egypt received 14.5 million tourists and posted US$ 12.5 billion worth of tourism revenues. At that time, the industry accounted for 11% of all economic activity in the country, and 25% of all foreign-currency revenues. <\/p>\n
\u201cWe did better than anyone expected despite the problems we had,\u201d said Zaazou, according to Reuters<\/i>. In late 2012, the country was stirred by demonstrations again, after president Mohamed Morsi, elected in June 2012, expanded his own powers by decree. <\/p>\n
Despite the increased tourist inflow, the minister of Tourism said tourist inflow last year was down 22% from 2010, and revenues were down 25%. Still, Zaazou foretells that the industry should see a new growth cycle in 2013. \u201cWe can move close to figures of 2010 by the end of 2013. We hope to pave the way for a comeback,\u201d he said, according to Reuters<\/i>.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
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