AGP Executive Report
Last update: 2 hours agoTourism Push: Egypt’s tourism chief urged agents to look beyond the country’s traditional hotspots, as the government targets growth in higher-value travel and 30 million annual visitors by 2030. Tourism Revenue: Tourism earnings rose 10.3% to $18.4 billion in fiscal 2025/26, helping Egypt post a $2.8 billion balance-of-payments surplus. Regional Travel Risks: Fresh Gulf attacks are raising concerns over shipping routes and Suez Canal revenue, while flight suspensions in Saudi Arabia add uncertainty for regional travel. Hotel Investment: IHG signed an agreement for a 250-room Crowne Plaza in New Cairo. Cultural Heritage: Egypt’s restored second-century Fayoum portrait of two brothers is set to travel to Rome, marking the first overseas showing of a major part of the collection.
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