Eqypt official data showed that tourist arrivals surged in the first half of 2022, with 4.9 million tourists visiting the country compared to 2.6 million over the same period in 2021.
The increase in tourist visits is a welcome development, given that the sector had been ravaged by the coronavirus pandemic, with Russia’s invasion of Ukraine compounding the sector’s challenges. The sharp recovery in the tourism sector will provide a boost to foreign currency inflows and help shore up economic activity.
