Tourism is a cornerstone of Egypt’s economy, contributing significantly to its GDP and employment. According to recent reports, the sector accounted for approximately 24% of Egypt’s GDP in 2023, generating around EGP 953 billion in revenue

Impact of 2011 Revolution

Street cleaners walk through the deserted pyramids site in Giza, one of Egypt’s most famous tourist attractions, Feb. 7.

The 2011 Egyptian Revolution had a severe impact on the country’s tourism industry:

  • Tourist arrivals plummeted from 14 million in 2010 to 9 million in 2011, a 37% decrease12.
  • Tourism revenues dropped sharply, falling from $12.5 billion in 2010 to $8.8 billion in 20113.
  • Hotel occupancy rates declined significantly, especially in major tourist areas like Cairo4.
  • The crisis led to job losses and economic hardship for many Egyptians employed in tourism-related sectors5.

The revolution’s aftermath continued to affect tourism for several years, with ongoing political instability and security concerns deterring visitors. However, by 2019, Egypt’s tourism sector had largely recovered, welcoming 13.1 million tourists before facing new challenges from the global COVID-19 pandemic26.

Ras El Hekma Megaproject

The Ras El Hekma megaproject is a landmark $35 billion development on Egypt’s Mediterranean coast, aimed at transforming the country’s tourism sector and boosting its economy. Key aspects of the project include:

  • Located on the North Coast between Marsa Matrouh and New Alamein city, covering 170 square kilometers1
  • Expected to contribute $25 billion annually to Egypt’s GDP and create around 750,000 jobs23
  • Planned features include luxury hotels, resorts, residential districts, entertainment venues, a free economic zone, and an international airport14
  • Developed through a partnership between Egypt and the UAE, with ADQ as the primary investor and Egypt retaining a 35% stake54
  • Projected to attract 8 million tourists annually upon completion, leveraging its strategic location within a 4-hour flight radius of 400 million potential visitors4

The project represents a significant step in Egypt’s efforts to diversify its economy and establish itself as a premier Mediterranean destination, aligning with the country’s Vision 2030 for sustainable economic growth51.

Sunken Monuments Exploration

Egypt’s underwater archaeological exploration has unveiled remarkable discoveries, particularly in the ancient city of Thonis-Heracleion off the Mediterranean coast. In 2023, archaeologists uncovered a sunken temple dedicated to the god Amun and a Greek sanctuary, revealing a treasure trove of artifacts12. These findings include:

  • Silver ritual instruments, gold jewelry, and alabaster containers for perfumes
  • Well-preserved wooden structures dating back to the 5th century BC
  • Greek weapons, suggesting the presence of Greek mercenaries
  • Over 700 ancient anchors and 79 shipwrecks, indicating intense maritime activity3

The discoveries in Thonis-Heracleion, along with ongoing excavations in Alexandria’s ancient Portus Magnus, have significantly enhanced our understanding of Egypt’s maritime history and its cultural interactions with the Greek world34. These underwater sites, protected from looting due to their submersion, offer unique insights into ancient Egyptian and Greco-Roman civilizations, potentially boosting Egypt’s appeal as a destination for archaeological tourism25.

Horseback Adventures in Egypt

iRide Egypt offers unique horseback riding experiences that showcase Egypt’s stunning landscapes and ancient wonders. Their tours include:
.Rides around the Pyramids of Giza, allowing visitors to experience these iconic monuments from a new perspective1
.Desert trail adventures through breathtaking landscapes
.Waterfront routes along Egypt’s scenic coasts
.Customized experiences for riders of all skill levels, from beginners to experienced equestrians1
The company prides itself on combining traditional Egyptian horsemanship with modern safety standards. They provide well-cared-for horses, including beautiful Arabian stallions, and offer professional photo shoots to capture memorable moments during the rides1. iRide Egypt’s commitment to quality and customer satisfaction is reflected in their positive reviews, with many guests praising the knowledgeable guides and the unique opportunity to explore Egypt’s treasures on horseback1