Speaking at a press conference at Madinaty Golf Club, Omar Hisham Talaat stated that the 13. golf tournaments contribute 10,000 hotel nights.
The Egyptian Golf Federation reviewed its annual performance and unveiled a new strategic vision focused on institutional growth.
EGF President Omar Hisham Talaat highlighted the sport’s
synergy with the real estate sector, a major contributor to Egypt’s GDP, noting
that local developers are increasingly building world-class courses. He argued
that leveraging Egypt’s historical ties to golf and its modern infrastructure
would broaden the sport's domestic base while ensuring the financial
sustainability of local clubs.
Reflecting on his leadership, Talaat noted that the
Federation successfully transitioned from a financial deficit to a surplus
within just seven months. He outlined plans to double revenues by diversifying
income streams and securing private-sector sponsorships for upcoming
international tournaments hosted in Egypt.
Minister of Youth and Sports Dr. Ashraf Sobhy backed these
projections, stating that sports tourism has accounted for approximately 2
million hotel nights in Egypt since 2019. He highlighted the indirect economic
returns, including visa fees, transport, and international promotion by
participating athletes.
"Hosting sports championships provides direct income
through sponsorship and advertising rights while stimulating the broader
economy," Sobhy said.
The Minister expressed confidence in the Federation's
ability to execute its expansion plans, which include the establishment of a
dedicated commercial entity to manage professional tournaments and develop the
sport.
Under this plan, the proposed company would spearhead a nationwide initiative to introduce "mini-golf" models at provincial youth centers as part of its corporate social responsibility mandate. Additionally, he anticipated the launch of a specialized Egyptian golf television channel to capitalize on rising demand for sponsorships and growing public interest in the sport.