logo
Cairo Airport sees rise in flight activity as TourismMin announces 25% increase in tourists during Q1

Cairo Airport sees rise in flight activity as TourismMin announces 25% increase in tourists during Q1

Egypt Today04-05-2025
Cairo – May 4, 2025: Passenger and flight activity at Cairo International Airport saw notable year-on-year growth in April 2025, signaling continued momentum in Egypt's aviation recovery. A total of 2.62 million travelers passed through the airport during the month, with 18,966 flights handled across arrivals and departures.
Outbound traffic included 1.28 million passengers on 9,470 flights, reflecting a 12 percent rise in the number of travelers and an 8 percent increase in flight frequency compared to April 2024.
On the inbound side, 1.34 million arriving passengers were recorded across 9,496 flights, with arrival volumes up 7 percent and passenger numbers growing by 8 percent year-on-year.
This growth comes amid continued efforts to enhance air services and strengthen connectivity, with Cairo Airport expected to witness further increases in traffic ahead of the Hajj season.
The rise in passenger movement also reflects the airport's ongoing infrastructure upgrades and deployment of modern technologies aimed at improving the travel experience.
Complementing the rise in air travel, Egypt's tourism sector posted a 25 percent year-on-year increase in tourist arrivals during the first quarter of 2025, with 3.9 million visitors, according to Minister of Tourism and Antiquities Sherif Fathi in an interview last week with Al-Sharq during the Arabian Travel Market in Dubai.
The minister announced that 18,000 new hotel rooms are set to be added this year, reinforcing Egypt's push to expand its hospitality capacity. The country received 15.7 million tourists in 2024, up 5 percent from the previous year, despite regional geopolitical challenges that continue to weigh on the tourism sector. Tourism revenues in 2024 neared $16 billion, underscoring the industry's role as a critical source of foreign currency.
Fathi also unveiled a new international marketing campaign targeting eight European countries to diversify Egypt's tourist base while preserving its traditional source markets. He projected an additional 8 percent increase in visitors by the end of 2025.
Earlier this month, the Tourism Ministry introduced new licensing regulations for 'holiday apartments'—a new model of accommodation—aimed at accommodating growing demand. Egypt aims to double its tourist arrivals to 30 million by 2030 and raise annual tourism revenues to $24 billion, up from approximately $15 billion today.
To support this vision, the country plans to add over 200,000 hotel rooms within the next 3 to 4 years, increasing total capacity from the current 230,000 rooms. These expansions are part of a broader national strategy to strengthen tourism infrastructure, improve the quality of services, and tap into new international markets.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

HE Dr. Thani Al Zeyoudi Meets EU Trade Commissioner Maroš Šefčovič in Brussels to Strengthen Bilateral Relations
HE Dr. Thani Al Zeyoudi Meets EU Trade Commissioner Maroš Šefčovič in Brussels to Strengthen Bilateral Relations

Mid East Info

time5 hours ago

  • Mid East Info

HE Dr. Thani Al Zeyoudi Meets EU Trade Commissioner Maroš Šefčovič in Brussels to Strengthen Bilateral Relations

UAE-EU bilateral non-oil trade in 2024 reached US$67 billion, which represents a growth of 2.4% compared to 2023. The EU is the second-largest trade partner of the UAE, accounting for 8.3% of total UAE non-oil trade in 2024. HE Al Zeyoudi: ' Our continued dialogue with the EU is essential in navigating the evolving global trade landscape. The European Union is a highly valued trade and investment partner for the UAE, with ties that continue to deepen across a range of sectors .' Brussels, Belgium – July, 2025: His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, met with His Excellency Maroš Šefčovič, European Commissioner for Trade, to discuss the strengthening of bilateral relations between the UAE and the European Union. The meeting in Brussels was also an opportunity to review progress on the negotiations towards a Comprehensive Economic Partnership Agreement (CEPA), following the first round of discussions held in June and early July. As UAE-EU bilateral relations continue to strengthen, the UAE-EU CEPA is anticipated to play a vital role in enhancing trade ties, fostering investment opportunities, and driving economic growth between the two parties. Both parties expressed optimism about the progress and potential benefits of the agreement. In 2024, non-oil trade between the UAE and the EU reached US$67 billion, reflecting a 2.4% growth over the previous year. The EU continues to be a significant trade partner for the UAE, accounting for 8.3% of its total non-oil trade. HE Al Zeyoudi remarked, 'Our continued dialogue with the EU is essential in navigating the evolving global trade landscape. The European Union is a highly valued trade and investment partner for the UAE, with ties that continue to deepen across a range of sectors. This growth in trade is aligned with our mutual interests and highlights the importance of collaboration in areas such as energy transition, advanced technology, and food security.' The meeting served as a platform for both parties to discuss strategies for increasing investments in high-growth sectors, including renewable energy and advanced manufacturing. The UAE has already established significant partnerships with EU nations, reinforced by ongoing projects in solar energy and innovative technologies. The UAE delegation to Brussels included His Excellency Mohamed Al Sahlawi, UAE Ambassador to Belgium, the European Union and Luxembourg, and His Excellency Juma Al Kait, Assistant Undersecretary at the UAE Ministry of Foreign Trade. As the UAE continues to diversify its economy, the CEPA program represents a strategic pillar of its foreign trade agenda. By solidifying trade relationships with key partners like the EU, the UAE aims to enhance access to global markets and stimulate sustainable economic development.

Stocks slip as investors eye tariff impact among corporate earnings - Markets & Companies
Stocks slip as investors eye tariff impact among corporate earnings - Markets & Companies

Al-Ahram Weekly

time12 hours ago

  • Al-Ahram Weekly

Stocks slip as investors eye tariff impact among corporate earnings - Markets & Companies

Major stock markets slipped on Tuesday as New York backed off its record highs and European markets fretted over an August 1 deadline for the EU to avert steep tariffs from President Donald Trump. US corporate profit reports so far were painting a generally resilient picture of the American economy, but with gathering clouds in some sectors, particularly automobiles, from Trump's levies on major trading partners. New York's broad S&P 500 and tech-heavy Nasdaq indices dipped, from record finishes on Monday, while the blue-chip Dow struggled. In Europe, only London ended the trading day in the green. Paris and Germany both finished solidly in the red. "European markets have been getting increasingly jittery as the (August 1) deadline approaches," said David Morrison, senior market analyst at Trade Nation. "With little sign of progress so far, investors are preparing for possible tariff retaliation from the EU." US Treasury Secretary Scott Bessent said meanwhile he would meet his Chinese counterparts in Stockholm next week for tariff talks, as a separate mid-August deadline approaches for US levies on China to snap back to steeper levels. Big earnings reports Closely-watched earnings loomed from some of the world's biggest names, including Tesla, Google parent Alphabet, Intel and Coca-Cola. US auto giant General Motors reported a 35-percent plunge in second-quarter profits Tuesday following a $1.1-billion hit from US tariffs, but confirmed its full-year forecast. Its shares plunged seven percent. Elsewhere, "expectations for the earnings season include accelerated profit growth for major US technology companies in the second half of the year," said Jochen Stanzl, chief market analyst at CMC Markets. British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States by 2030 amid Trump's threats to impose tariffs on the sector. The dollar continued to lose ground, which has the effect of pumping up the earnings of US multinationals earning foreign currency revenue but reporting in dollars. The greenback's slippage is proving "a turbocharger" for those companies, according to Stephen Innes, managing partner at SPI Asset Management. Investment adviser Christopher Dembik at Pictet Asset Management said European companies reporting over coming days were conversely set to be hit by the effect of a stronger euro. Oil prices also dropped amid worries about reduced global economic activity going forward. Earlier in Asia, Hong Kong hit its highest close since late 2021. Its index has gained around 25 percent this year thanks to a rally in Chinese tech firms and a fresh flow of cash from mainland investors. Tokyo dipped following an earlier rally after the ruling coalition lost its upper-house majority as observers warned the government's tenure remained fragile. Fed chief speech Traders were also looking ahead to a speech later Tuesday by US Federal Reserve Chair Jerome Powell, ahead of the Fed's monetary policy meeting on July 29 and 30. Powell has come under pressure from Trump to quit, with the president angry at the Fed for not lowering interest rates in response to recent turbulence, but the central bank is expected to keep them on hold until September. Bessent said Tuesday he did not see a reason for Powell to resign "right now". Key figures at around 1545 GMT New York - Dow: UP 0.1 percent at 44,351.64 New York - S&P 500: DOWN 0.1 percent at 6,296.95 New York - Nasdaq Composite: DOWN 0.5 percent at 20,875.05 London - FTSE 100: UP 0.1 percent at 9,019.76 points (close) Paris - CAC 40: DOWN 0.7 percent at 7,739.18 (close) Frankfurt - DAX: DOWN 1.1 percent at 24,027.17 (close) Tokyo - Nikkei 225: DOWN 0.1 percent at 39,774.92 (close) Hong Kong - Hang Seng Index: UP 0.5 percent at 25,130.03 (close) Shanghai - Composite: UP 0.6 percent at 3,581.86 (close) Euro/dollar: UP at $1.1734 from $1.1688 Pound/dollar: UP at $1.3507 from $1.3485 Dollar/yen: DOWN at 146.51 yen from 147.42 yen Euro/pound: UP at 86.89 pence from 86.68 pence Brent North Sea Crude: DOWN 1.2 percent at $68.37 per barrel West Texas Intermediate: DOWN 1.3 percent at $65.06 per barrel. Follow us on: Facebook Instagram Whatsapp Short link:

Crystal Palace appeal against Europa League demotion - World
Crystal Palace appeal against Europa League demotion - World

Al-Ahram Weekly

time13 hours ago

  • Al-Ahram Weekly

Crystal Palace appeal against Europa League demotion - World

Crystal Palace have appealed to the Court of Arbitration for Sport (CAS) over their demotion from the Europa League to the UEFA Conference League. The London club, who won last season's FA Cup, fell foul of UEFA's rules governing multi-club ownership. European football's governing body determined that as of March 1, American businessman John Textor had control or influence in Palace and French club Lyon. It means under UEFA rules they are unable to compete in the same European competition and Lyon held on to the Europa League spot by virtue of their higher league position. Forest, who finished seventh in the Premier League, are expected to replace Palace in the second-tier Europa League should the punishment stand. The Court of Arbitration for Sport issued a statement on Tuesday confirming it had received an appeal by Palace and would issue a decision by August 11 at the latest. The CAS confirmed Palace were seeking to take either Forest's or Lyon's place in the Europa League. Textor has agreed to sell his stake in Palace to New York Jets owner Woody Johnson, but the move came too late to satisfy UEFA. (For more sports news and updates, follow Ahram Online Sports on Twitter at @AO_Sports and on Facebook at AhramOnlineSports.) Follow us on: Facebook Instagram Whatsapp Short link:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store