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Published on : Thursday, November 14, 2013
Cultural tourism benefits Egypt’s Tourism Trade, up by 20 percent. The antiquities ministry stated, that the revenues generated from touristic visits to museums and antiquities sites recorded LE6 million ($0.8 million) in October.
According to the antiquities ministry statement, the ministry has suffered from limited financial resources. However, it has remained committed to saving LE53 million ($7.6 million) per month. Despite the whopping 253 percent rise from September, when cultural touristic visits churned out some LE1.7 million ($0.2 million), revenues remain sharply below 2010 levels.
In October 2010, the country’s coffers received around LE111 million ($16 million) in revenues from museum and ancient site visits. 2010 was Egypt’s tourism peak, when an estimated 14.7 million tourists visited the country, generating $12.5 billion in revenue.