Egypt is keen to support tourism, easing repercussions of global crises

CAIRO – 19 May 2022: Egypt’s Prime Minister Mostafa Madbouly emphasized the Egyptian State's keenness, under the leadership of President Abdel Fattah El Sisi, to continue making all possible efforts to support the tourism sector and mitigate the repercussions of successive global crises that have negatively affected tourism inflows into the country, especially that between Russia and Ukraine.

Madbouly made the remarks during a meeting he held on Wednesday at the Cabinet’s headquarters at the New Administrative Capital to follow up on tourism inflows into Egypt, Cabinet Spokesman Nader Saad said.

During the meeting, attended by Minister of Tourism and Antiquities Khaled el Anani and Minister of Civil Aviation Mohamed Manar, the prime minister affirmed the importance of seeking alternative markets and attracting various segments of tourists in line with the comprehensive tourism development process adopted by the State in the past years.

The meeting touched on efforts made to attract alternative tourism markets, promote tourism destinations, and highlight the comprehensive development witnessed by Egypt’s tourism and antiquities sector.

Madbouly said that the national strategy for climate change is set to be launched on Thursday.

Chairing the seventh session of the higher committee, tasked with preparing for the COP27 conference from the new government HQ in the New Administrative Capital, Madbouli directed to expedite launching the website of the COP27, planned to be hosted by the Red Sea resort city of Sharm el Sheikh in November.

The premier said he closely following up preparations for hosting the international event.

For his side, Foreign Minister Sameh Shoukry said that there are constant contacts with the previous UK presidency of the COP26 conference, and the new hosting agreement is expected to be signed soon in Bonn, as Egypt has finished the revision of all the agreement terms.

Several agricultural, energy, and water initiatives, have been devised, and expected to be launched on the sidelines of COP27, Shoukry said, adding that by launching the national initiatives and strategies, Egypt could rally more funds to implement these Egyptian initiatives and projects.

International Cooperation Minister Rania el Mashat expounded the results of the coordination meetings among the ministries and nominated development partners to finance the proposed projects.

For his part, Finance Minister Mohamed Maait briefed the audience on the financial aspects, such as the estimated budget for the COP27 summit and negotiation conditions with the potential sponsors.