Arab Finance: Egypt aims to achieve an annual increase between 5 and 6% in the number of tourists by 2028, with expectations of double-digit growth in subsequent years, Asharq Business reported, citing the Minister of Tourism and Antiquities Sherif Fathy.
Speaking at a conference in Cairo, Fathy also announced plans for a new initiative designed to provide incentives for developing new hotels.
This initiative will complement the existing program, which primarily focuses on expanding the capacity of current hotels.