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Tourism Minister, business leaders discuss boosting hospitality, investment

Businessmen Team news 28 August 2025 09:18 PM
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Tourism Minister, business leaders discuss boosting hospitality, investment

Tourism and Antiquities Minister Sherif Fathy met Thursday at the ministry’s headquarters in New Alamein City with Mohamed Hanno, Chairman of the Alexandria Business Association, and several of its members to discuss ways of enhancing cooperation to boost inbound tourism to Alexandria and the North Coast, as well as exploring tourism investment opportunities in both destinations.

Fathy outlined the ministry’s vision, mission and current strategy, which seeks to position Egypt as a premier global destination by showcasing its diverse tourism offerings including cultural, coastal, spiritual, desert and adventure. He stressed that the strategy also aims to achieve tourism economic sustainability, ensuring long-term returns that benefit the environment and local communities around tourist and archaeological sites.

The minister highlighted Egypt’s commitment to attracting new tourism investments, noting that an “Investment Opportunities Bank” will soon be launched to create a unified map of available projects and promote them domestically and internationally, driving sustainable tourism growth.

The discussions focused on avenues of cooperation in tourism and hospitality, particularly in light of the association’s efforts to build human capacity and develop workforce skills in the hospitality sector. The meeting also explored mechanisms for enhancing investment and improving the visitor experience in Alexandria.

The participants reviewed proposals to strengthen Alexandria’s global tourism appeal and link it more closely with the North Coast, with emphasis on expanding yacht tourism and related activities, alongside leveraging Meetings, Incentives, Conferences and Exhibitions (MICE) tourism.

The talks further addressed cooperation on implementing training programs in hospitality, incentives and conferences, with the option of launching some through the ministry’s recently introduced digital training platform EGYTAP.

Both sides agreed to hold an expanded meeting soon, in coordination with the Governor of Alexandria, to discuss investment opportunities in the governorate and strategies to better promote them, ensuring greater shares of inbound tourism.

Hanno invited the minister at the conclusion of the meeting to be guest of honor at the association’s “Tourism Salon” to present the ministry’s strategy and future outlook, and to exchange ideas on advancing Egypt’s tourism sector.