Tourists coming to Egypt set to reach 12mn by end of 2018: Travco chairman

Tourists take pictures of the Sphynx during a visit to the pyramids, on the Giza Plateau, on the southern outskirts of the Egyptian capital Cairo. (AFP)
Updated 12 March 2018
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Tourists coming to Egypt set to reach 12mn by end of 2018: Travco chairman

CAIRO: Around 12 million tourists are expected to visit Egypt in 2018, the chairman of a leading Egyptian travel and tourism company has said.
Hamed El-Chiaty, chairman of Travco Group, said that a 40-50 percent increase is estimated year-on-year by the end of the 2018/19 season.
Chiaty stressed that Egypt will see new tourists from the British and Ukrainian markets.
He further noted that other new markets will also target Egypt as a touristic destination, such as Latvia, Hungry and Lithuania.
Adding that Egypt’s participation in the recently-held ITB Berlin, the world’s largest tourism trade fair, will yield positive results.
He explained that charter flights will operate from these new markets and fly to touristic destinations in Egypt, thus, a huge influx of tourists will be visiting, in the near future, a report by Al-Masry el-Youm quoted Chiaty as saying.
Travco Group is one of the largest travel and tourism companies in the Middle East.


Saudi tourism body considers funds for 6 tourism projects worth SR71 million

The funds will go toward developing a range of plans across the hospitality sector, including hotels, conference centers, infrastructure and tourist resorts. (SPA)
Updated 17 April 2019
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Saudi tourism body considers funds for 6 tourism projects worth SR71 million

  • Saudi Arabia’s vision on the tourism sector is based on its basic values and culture in the first place, followed by the economic importance and regional and international weight it enjoys

RIYADH: The Saudi Commission of Tourism and National Heritage (SCTH) has announced plans to fund 33 new tourism projects across the Kingdom, as part of a lending initiative to aid the sector in underdeveloped Saudi regions.
Abdul Majid bin Abdul Mohsen Al-Nasser, the SCTH’s director general of tourism investment, said that the initiative, in partnership with the Ministry of Finance, approved proposals for 33 projects at a cost of more than SR1,100 billion ($294 million).
Al-Nasser added that a joint committee formed by the SCTH and the ministry was also studying funding for six other projects worth an additional SR71 million.
The funds will go toward developing a range of plans across the hospitality sector, including hotels, conference centers, infrastructure and tourist resorts. The hope is that, as well as highlighting the many attractions on offer in less-heralded parts of the country, the initiative will also lead to an upswing in job creation.
Saudi Arabia’s vision on the tourism sector is based on its basic values and culture in the first place, followed by the economic importance and regional and international weight it enjoys, as well as its value-based interaction with other communities.
Earlier this month, SCTH undertook registration of 1,127 artifacts and relics that it successfully managed to restore from America, in coordination with the Saudi Foreign Ministry. Some of the items recovered date back to prehistoric times.
The director-general of archiving and protecting antiquities at SCTH, Naif Al-Qannour, said the commission had stepped up its efforts to recover national treasures from inside and outside the Kingdom.
Al-Qannour added that many of the objects had been voluntarily handed over to the Kingdom by relatives of US citizens who worked in Saudi Arabia during the 1960s.