#corporations
Over the past three years, Egypt’s tourism revenue has plummeted to a mere five percent of what it was prior to the January 25th revolution in 2011. In 2010, Egypt’s tourism revenue accounted for £250 million (approx. EGP 2.5 billion), and in 2014, those numbers have fallen to £10.5 million (approx. EGP 121 million). Egypt’s political, social and economic turmoil has directly affected its tourism sector. With travel warnings and social unrest, many foreigners have avoided visiting Egypt. In an…
