• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Lifestyle Tourism

Egypt expects windfall from the return of tourism from Russia

The number of Russian tourists visiting Egypt is estimated to exceed over 2 million. Egypt is likely to gain more than $4 billion in annual revenues.

The Global Economics by The Global Economics
August 8, 2021
in Central, Top Stories, Tourism, Transportation
Reading Time: 2 mins read
0
Egypt expects windfall from the return of tourism from Russia

Egypt expects windfall from the return of tourism from Russia

727
SHARES
4k
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

The return of Russian tourism to Egyptian cities will also result in the much-awaited return of skilled and trained workers to the tourism sector, regaining Egypt’s tourism classification as one of the best destinations for tourists around the world.

The Federal Air Transport Agency of Russia has issued permits to eight of its airlines namely Papeda, Aeroflot, Racia, Smartavia, S7, Ural Airlines, Azur Air, and Nordwind.

Each city in Egypt will receive five Russian flights in a single week. The Russian Center for Combating the Coronavirus announced that the return of Russian tourism to resorts in Hurghada would commence from August 9, 2021. The center said that trips to Egypt would increase in Hurghada and Sharm El-Sheikh in South Sinai.

The average number of tourists from Russia visiting Egypt before 2015 was roughly 2.5 million annually. However, Russian flights were stopped in 2015 when the tragedy occurred, and a Russian plane crashed on the beaches of Sharm El-Sheikh. On the fateful day of Oct 31, 2015, the Russian Metrojet Flight 9268 crashed after takeoff from Sharm el-Sheikh resort in Egypt to its destination, St. Petersburg. All 224 people on board this flight died. International investigators established that the flight was blown apart by a bomb. Egypt denied any foul play and continues to claim that it was not a terror attack.

Egypt was ecstatic after Russia decided to lift the ban on charter flights to Egypt from July 8 onwards. The number of Russian tourists visiting Egypt is estimated to exceed over 2 million. Egypt is likely to gain more than $4 billion in annual revenues.

The return of tourists from Russia will be gradual. However, the traffic of Russian tourists might increase during November and December.  Almost all hotel facilities in the South Sinai region and the Red Sea region are fully prepared to receive Russian tourists.

The influx of Russian tourists coming to Egypt is vital and should continue throughout the year. Russian tourists usually travel in large numbers, which will revive hotel occupancy in coastal tourist cities like Sharm El-Sheikh and Hurghada.

Tags: egyptFederal Air Transport AgencyRussia Visiting EgyptRussian TouristsSouth Sinai
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

How Canada Could Build a New Stronghold in the Global LFP Battery Race
Economy

How Canada Could Build a New Stronghold in the Global LFP Battery Race 

by The Global Economics
September 7, 2026
Argentina-China Renew $19 Billion Currency Swap Despite US Pressure
Banking

Argentina-China Renew $19 Billion Currency Swap Despite US Pressure

by The Global Economics
August 15, 2026
From World Cup Winners to Olympic Ambitions: North America’s Trillion-Dollar Tourism Opportunity
Economy

From World Cup Winners to Olympic Ambitions: North America’s Trillion-Dollar Tourism Opportunity 

by The Global Economics
July 20, 2026
Tourism, Remittances and Infrastructure Drive Regional Growth
Economy

Tourism, Remittances and Infrastructure Drive Regional Growth 

by The Global Economics
July 15, 2026
North America's Trade Corridors Drive the Next Infrastructure Boom
Infrastructure

North America’s Trade Corridors Drive the Next Infrastructure Boom 

by The Global Economics
July 13, 2026
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

How Canada Could Build a New Stronghold in the Global LFP Battery Race

How Canada Could Build a New Stronghold in the Global LFP Battery Race 

September 7, 2026
US Government Takes 35% Stake In Venezuela’s Oil Amid Controversial Energy Deal

US Government Takes 35% Stake In Venezuela’s Oil Amid Controversial Energy Deal

September 5, 2026
How AI Megafactories Are Turning Power, Land and Data Capacity into Strategic Assets

How AI Megafactories Are Turning Power, Land and Data Capacity into Strategic Assets 

September 4, 2026
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.