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News of the Issue
Egypt sees 2008 visitor numbers up 19 pct to 13 mln
Thursday, January 1 (Issue 10)
by Raymon Kondos

CAIRO (REUTERS) - Egypt expects to receive about 13 million visitors in 2008, 19 percent more than in 2007, a Tourism Ministry official said on Wednesday.

Tourists at Philae Island, Luxor
Tourists at Philae Island, Luxor

The figures suggest a slight deceleration in the rate of growth of the Egyptian tourist industry. In the financial year 2007/8, which ended in June 2008, the number of visitors rose 25 percent and the income from tourism rose 32 percent.

The investment bank EFG-Hermes said it doubted the ministry's forecast. "Our forecast for tourist arrivals is more conservative: we expect them to reach 12.1 million in 2008," the bank said in a report.

The prediction of 19 percent growth to 13 million also did not match official monthly figures released during 2007, which showed a cumulative total that year of 9.736 million visitors.

But the ministry official, who asked not to be named, said the correct figure for 2007 was in fact 11.2 million.

PREVIOUS NEWS:
. UK's Blair and family spend New Year vacation in Egypt (issue 1)
. Bill Gates, world's richest man, visits Egypt (issue 2)
. Pharaonic Party Wants to Join Political Life in Egypt(issue 3)
.

Prince Henrick of Denmark Visits Egypt (issue 4)

.

Ottoman Lady Claims Cairo Airport is Hers (issue 5)

.

Egypt to Launch its First Reconnaissance Satellite (issue 6)

.

Egypt Expects 7 Million Tourists in 2004 (issue 7)

.

Egyptian Immigrants Seeking Greece End Up Back in Egypt (issue 8)

.

Swarms of Locusts Invade Egypt (issue 9)

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