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00:00Tourism has grown a lot in 2023 compared to the previous year, and compared to the peak of tourism in 2019.
00:15In 2023, we closed the year with 14.9 million international tourists who came to Egypt to spend their holidays.
00:27This is a very respectable growth rate compared to 2019, which increases by about 6%, despite the circumstances that occurred in the last quarter of the year.
00:38We grew by 35% to 45% compared to the previous year.
00:46In the last quarter of the year, we grew by 6% to 7%, despite the circumstances that occurred in the region, which may cause a decrease in the number of tourists.
00:58However, the number of tourists has increased a lot, whether in the last quarter of the year or the first quarter of this year.
01:07We are talking about geopolitical tensions in the region and around Egypt, which are still ongoing.
01:13Did you build the 2024 targets based on these tensions?
01:21We still see and consider that we will have a large growth compared to 2023, despite the circumstances.
01:31The first shock may have led to a decrease in the number of tourists, but as I mentioned, there was an increase.
01:40We still see a growth in tourism.
01:43There are many markets that we have started to work on and develop.
01:47There are great facilities in tourism visas, which opened up many markets for us.
01:53Online visas and access to airports have also been facilitated by the tourism movement.
02:00Some nationalities who were not able to obtain visas have also been greatly affected.
02:06In the first quarter of the year, we grew by 45% in the Arab market.
02:12In specific areas such as Sharm el-Sheikh and South Sina, which may be slightly affected, but it has also grown in the tourism movement.
02:23The efforts of the political leadership, diplomacy, and the determination of the situation in Egypt and its role in the face of the crisis
02:32were the biggest support for tourism and tourism agreements.
02:37People felt reassured, and this is necessary for the continuation of the tourism process.
02:43I would like to ask you about your targets for tourism visas in 2024.
02:48How much does Egypt target, and have these targets been developed or changed?
02:52We have started to see an increase in luxury tourism compared to the products that existed before.
03:02As I mentioned, the Arab markets, which are characterized by high spending, have started to increase.
03:11We even have an increase in the northern coast area, which targets high-spending tourists.
03:19I can't tell you the numbers now, but I can say that the economic targets are much higher than before.
03:27We have even seen a change in the tourism pattern and the nature of tourism, which has become more spending.
03:36The categories are slightly higher than before, and therefore, God willing, we will grow in a positive economic way.
03:43Finally, Madam, how much has the tourism sector contributed to the Egyptian economy, and how much has it been targeted?
03:48We target about 14.5% of the contribution to the economy, which is the main source of the hard currency.
03:56In fact, it was the support for the past period, and it is still the support for the coming period, God willing.
04:03We have a lot of tourism products that will lead to this prosperity.
04:08We have, God willing, the opening of the Grand Museum this year.
04:13We have products that we present to Cairo in a new way, as a touristic product.
04:19You don't have to come to Cairo and then go to other areas, such as the Red Sea or the south of Egypt.
04:28But the product of Cairo, whether by opening the Grand Museum, the Museum of Culture, or by opening the Sphinx airport,
04:40and the products they offer, are enough to ensure that Cairo will be the destination of a unique city break,
04:49in addition to all the other touristic products that Egypt offers.
04:53Thank you very much, Doctor.
04:55You are welcome.