The Egyptian tourism sector is poised to experience a rebound, despite challenges, leading to a more positive outlook in the near to medium terms, according to Oxford Business Group (OBG)’s Egypt economic update issued on Monday.
OBG associated the recovery to the recent uptick in foreign arrivals, as well as the expected boost from the resumption of direct flights to and from Russia, one of Egypt’s major sources of international visitors.
Egypt Air and the Russian Aeroflot announced, in March, that flights between Moscow and Cairo would recommence on 12 and 11 April respectively. The resumption will end the two and a …read more
Source: Daily News Egypt
