Tourism Minister – Egypt’s Investment Climate Appropriate for Arabs

Tourism Minister Hisham Zaazou said the investment climate in Egypt is appropriate for Arab investors, especially those interested in the tourism industry, said a statement by Tourism Ministry on Monday 552014.

Egypt is providing easy and transparent procedures to attract investments into the country, Zaazou told a press conference on the sidelines of the 21st Arabian Travel Market 2014 in Dubai.

Zaazou underlined the importance of the Arab market, which accounts for 20% of tourists coming to Egypt, for the Egyptian tourism business.

The tourism sector in Egypt will witness a breakthrough following presidential and parliamentary elections, Zaazou noted.

The Tourism Ministry and concerned bodies are exerting utmost efforts in order to meet the challenges facing the tourism industry and to make it flourish, he added.

Source : Egypt State Information Service