Talaat Moustafa Group Holding (TMG Holding) announced that its subsidiary, the Arab Company for Hotel and Tourism Investments (ICON), has begun developing a new integrated tourism project behind the Grand Egyptian Museum (GEM) in Giza, in partnership with the New Urban Communities Authority (NUCA).

In this factsheet, we will highlight the recent performance indicators of Egypt’s tourism sector, identify the country’s regional position as a leading tourism destination, and shed light on the government’s targets for the sector.

Egypt’s Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and the Arab Tourism Organization, affiliated with the League of Arab States, have signed a memorandum of understanding to enhance cooperation in supporting handicrafts, empowering artisans, and promoting Arab cultural and heritage tourism across the region, as per a statement.

Prime Minister Mostafa Madbouly witnessed the signing of a strategic partnership agreement between Sunrise Resorts & Cruises and Thai hotel giant Minor International to open and manage 50 new hotels in Egypt

Egypt’s tourism sector recorded a significant growth of 19.3% in the fourth quarter (Q4) of fiscal year (FY) 2024/2025, as per a statement issued by the Ministry of Planning, Economic Development, and International Cooperation.

The Egyptian General Company for Tourism and Hotels (EGOTH), affiliated with the Ministry of the Public Business Sector, signed a contract to operate and develop the Jet Beach Hotel in Ain Sokhna, owned by Petrojet

Egypt plans to boost the size of its airline fleet by nearly 30% in the coming period, Prime Minister Mostafa Madbouly announced.

Commercial International Bank (CIB) has signed a medium-term financing agreement worth EGP 963 million with OSL Entertainment Projects, a subsidiary of Orascom Investment Holding, to support the development of the sound and light shows and viewing facilities at the Giza Pyramids.

Prime Minister Mostafa Madbouly witnessed the signing of a memorandum of understanding (MoU) between ADD Properties, a subsidiary of Sami Saad Holding Group, and Hyatt Hotels Group to expand branded hotel and residential investments across Egypt.

For centuries, Egypt's iconic landmarks and rich cultural tapestry have captivated the world. Today, the country is not merely preserving its timeless allure, it is actively crafting a vibrant and resilient tourism sector.

The official opening of the Grand Egyptian Museum has been postponed to the fourth quarter (Q4) of this year.

Prime Minister Mostafa Madbouly held a meeting to review investment opportunities in Egypt’s tourism and antiquities sectors.

Egypt has welcomed 3.9 million tourists during the first quarter (Q1) of 2025, marking a 25% increase year on year (YoY).

The cabinet has approved a draft decision by Prime Minister Mostafa Madbouly on the establishment of the National Council for Health Tourism, to be chaired by the Deputy Prime Minister for Human Development.

The Egyptian Ministry of Tourism is developing a digital platform named the “Investment Opportunities Bank” to display available projects in the sector, including associated fees and licensing timelines.

Eid El-Fitr marks the end of Ramadan, bringing family gatherings, traditional festive treats like Kahk, public celebrations, and the traditional practice of giving Eidyah to children.

Egypt will inaugurate the $1 billion Grand Egyptian Museum (GEM) on July 3rd, marking the completion of a nearly two-decade project expected to bolster the country’s vital tourism sector.

Egypt achieved record tourism rates in 2024, with 15.78 million tourists arriving.

Egyptian Prime Minister Mostafa Madbouly confirmed that no coastal tourism project will be allowed to operate in the coming period unless the hotel component is completed, not just the real estate section.