Egypt poised to hit 18m tourists as grand museum opens

Egypt poised to hit 18m tourists as grand museum opens
With the full opening of the Grand Egyptian Museum in early November, visitor numbers are expected to triple from the current 5,000 to 6,000 daily visitors. Shutterstock
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Updated 15 October 2025
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Egypt poised to hit 18m tourists as grand museum opens

Egypt poised to hit 18m tourists as grand museum opens

JEDDAH: Egypt has welcomed 15 million tourists in the first nine months of 2025, a 21 percent increase compared with last year, bringing the country close to its end-of-year target of 18 million visitors, an official said.

Speaking to Asharq, Egyptian Minister of Tourism and Antiquities Sherif Fathy said: “The growth is continuing, and I hope that by the end of the year we can reach our target of 17.5 to 18 million tourists. Tourism revenues also rose by nearly 18 percent.”

Tourist arrivals reached 8.7 million in the first half of the year, rose to 12.8 million by the end of August, and reached around 15 million by the end of September, Fathy noted.

Tourism remains one of Egypt’s most important sources of foreign exchange. Last year, the country welcomed 15.78 million tourists, marking a record high.

The government has launched a national tourism strategy aiming to attract 30 million visitors by 2028 through expanded capacity and enhanced visitor experiences.

Fathy said: “Egypt is the world’s leading country in tourism diversity. We are the unmatched diversity.”

The minister did not provide figures for tourism revenues in the first nine months of 2025. Asharq cited Central Bank of Egypt data showing that revenues in 2024 rose 9 percent year on year to $15.3 billion.

With the full opening of the Grand Egyptian Museum in early November, Fathy said visitor numbers are expected to triple from the current 5,000 to 6,000 daily visitors.

The 120-acre museum, the world’s largest archeological museum, is projected to attract around 5 million visitors annually and will house approximately 100,000 artifacts, including items from King Tutankhamun’s tomb.

Beyond established attractions, Egypt continues to uncover new archaeological sites that could further boost tourism.

In June, authorities announced the discovery of the ancient city of Emet in the Tell El-Faraoun area of Sharqia governorate, following excavations by a British team from the University of Manchester.

The dig revealed residential buildings dating back to the early or mid-fourth century BC, including multi-story “tower houses” designed for large populations, as well as service structures for grain storage and animal shelters.

In the temple area, archaeologists uncovered a large limestone floor and remnants of two massive mudbrick columns above a processional road linked to the historic Wadjet Temple.

Notable artifacts included a finely crafted green faience ushabti statue from the 26th Dynasty, a stone stela depicting Horus, and a bronze sistrum decorated with Hathor heads from the Late Period.

These discoveries highlight Egypt’s enduring archaeological richness, offering new attractions for cultural tourism and supporting the country’s broader strategy to strengthen its tourism sector.e


Global spotlight on Riyadh as Biban Forum 2025 opens

Global spotlight on Riyadh as Biban Forum 2025 opens
Updated 05 November 2025
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Global spotlight on Riyadh as Biban Forum 2025 opens

Global spotlight on Riyadh as Biban Forum 2025 opens
  • 40,000 participants from more than 150 countries attend the four-day forum in Riyadh.
  • Billions of riyals in potential agreements expected as investors and startups converge.
  • Entrepreneurship World Cup Global Finals hosted for the third consecutive year.

RIYADH: Saudi Arabia’s flagship entrepreneurship event, Biban Forum 2025, opened in Riyadh on Wednesday, drawing tens of thousands of investors, innovators, and business leaders from around the world as the Kingdom strengthens its position as a global hub for startups and small businesses.

Organized by the Small and Medium Enterprises General Authority under the theme “Global Destination for Opportunities,” the four-day event at the Riyadh Front Exhibition and Conference Center has attracted more than 140,000 participants from over 150 countries, including startup founders, venture capitalists, policymakers and CEOs.

With billions of riyals in potential deals and hundreds of international companies participating, Biban Forum has become a cornerstone of Saudi Arabia’s drive to diversify its economy and foster innovation under Vision 2030.

“Biban Forum 2025 is more than an event — it is a bridge between ideas and investment, where local and global entrepreneurs find the support they need to scale,” said Monsha’at Gov. Sami Ibrahim Al-Hussaini.

It also hosts the Global Finals of the Entrepreneurship World Cup for the third consecutive year, held in partnership with the Mohammed bin Salman Foundation and the Global Entrepreneurship Network.

The 2025 EWC finals bring together 100 global startups from a pool of over 10,300 entrepreneurs across 169 countries, competing live on stage in Riyadh for $1.5 million in cash prizes and access to international investors and mentors. Since its launch, the competition has attracted more than 420,000 entrepreneurs from 191 countries.

Coinciding with the event, Monsha’at released a report highlighting the rapid progress of the Kingdom’s startup ecosystem. It showed 1.7 million active commercial registrations by the end of the third quarter of 2025, with SMEs employing more than 8.4 million people.

The report also pointed to gains in key sectors. Women’s workforce participation rose to 43.5 percent, inbound tourism spending climbed 9.7 percent in the first quarter, and the real estate market continued to expand, with 47,286 off-plan residential units licensed in the third quarter.

The e-sports industry grew 72 percent year on year, while financing to small and medium enterprises increased 20 percent, with commercial banks accounting for 96 percent of total lending.

“As Saudi Arabia accelerates its transformation into a premier hub for entrepreneurship and opportunity, Biban Forum serves as a powerful platform to showcase talent, unlock partnerships, and contribute to the goals of Saudi Vision 2030,” Al-Hussaini said.