Business & Economy

Egypt relies heavily on tourism

Egyptian Prime Minister Mostafa Madbouly announced the rehabilitation of Sharm el-Sheikh International Airport to receive millions of tourists.
Madbouly said: “Sharm el-Sheikh airport has been rehabilitated to receive 10 million tourists throughout the year.”
He confirmed Egypt’s endeavour to double tourism revenues to $30 billion annually.
Egypt is under huge external debt of more than $150 billion.

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