Egypt's tourism revenue jumps 120 pct in FY 2021/22

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Egypt's tourism revenue jumps 120 pct in FY 2021/22

STORY: Egypt's tourism revenue jumps 120 pct in FY 2021/22 DATELINE: Aug. 10, 2023 LENGTH: 00:01:22 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a Giza pyramid 2. various of tourists at Luxor Temple, museums, Sharm el-Sheikh seaside and other places 3. various of tourists at a Giza pyramid STORYLINE: The revenue of Egypt's tourism sector reached 10.7 billion U.S. dollars in the fiscal year 2021/2022 that ended in June 2022, marking an increase of around 120 percent over the 4.9 billion U.S. dollars in the previous fiscal year, Egypt's official statistics authority announced on Wednesday. The number of tourists visiting Egypt hit 11.7 million in 2022, registering a year-on-year increase of 46.6 percent from 8 million tourists in 2021, Egypt's Central Agency for Public Mobilization and Statistics said in a report. Europeans accounted for 62.6 percent of the tourists who visited Egypt in 2022, followed by Arabs who represented 26.4 percent and Americans who accounted for 5.8 percent, while the

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