Egypt’s Tourism Minister: Stability, Trust Are Driving Sector Growth

Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, at the Egyptian pavilion during the Arabian Travel Market in Dubai (Asharq Al-Awsat)
Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, at the Egyptian pavilion during the Arabian Travel Market in Dubai (Asharq Al-Awsat)
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Egypt’s Tourism Minister: Stability, Trust Are Driving Sector Growth

Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, at the Egyptian pavilion during the Arabian Travel Market in Dubai (Asharq Al-Awsat)
Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, at the Egyptian pavilion during the Arabian Travel Market in Dubai (Asharq Al-Awsat)

Egypt’s Minister of Tourism and Antiquities, Sherif Fathy, has underscored that political stability and decades of built-up trust among international travelers are critical to the continued growth of Egypt’s tourism sector, even amid regional geopolitical challenges.

Speaking to Asharq Al-Awsat on the sidelines of the Arabian Travel Market in Dubai, Fathy said Egypt has consistently demonstrated resilience in the face of crises, recovering rapidly and reinforcing its status as a reliable destination.

“This isn’t coincidental,” he said. “It’s the outcome of long-term institutional planning led by the state, supported by strategic marketing and growing investment in infrastructure and hotel services.”

Fathy acknowledged intensifying competition among regional destinations but described it as both “healthy and necessary,” adding that it does not preclude deeper collaboration. He revealed recent talks with Bahrain’s Minister of Tourism that laid the groundwork for joint tourism programs, allowing Arab and foreign travelers to explore multiple destinations through a single package.

“We’re also collaborating with Saudi Arabia, Qatar, and Jordan,” he said. “We believe a coordinated Arab approach can offer travelers a richer, more integrated experience, with each country contributing its strengths.”

While such initiatives may not immediately deliver major numbers, he said they elevate the overall value of the visitor experience and expand market potential over time.

The minister pointed to Egypt’s diverse tourism portfolio as a unique competitive advantage. “We offer a distinctive product that blends Pharaonic heritage, Coptic and Islamic antiquities, beach and desert tourism, and luxury resort destinations like Sharm El-Sheikh, Hurghada, and the North Coast,” he said.

He also highlighted the ministry’s adoption of cutting-edge digital marketing tools, including AI-driven campaigns aimed at European markets that garnered over 100 million views within days. This, he said, boosted global awareness of Egypt as a safe, diverse destination.

Fathy emphasized the government’s focus on empowering the private sector, which he described as the engine behind tourism growth. “We don’t organize tourist itineraries - we create a competitive environment and raise service standards,” he noted.

He pointed to steady improvements in service quality across airports, hotels, and attractions, and rejected the idea that overcrowding poses a significant challenge, particularly when compared to other popular destinations.

Looking ahead, Fathy projected that Egypt could see an 8% increase in tourist arrivals in 2025, building on a strong first quarter that saw year-on-year growth of 25%. He said maintaining stability and global purchasing power would be key to sustaining momentum.



Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports

Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports
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Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports

Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports

The Saudi Ports Authority (Mawani) signed on Tuesday three memoranda of understanding (MoUs) with major international shipping lines: MSC, Maersk, and CMA CGM.

The agreements were signed on the sidelines of the Made in Saudi Expo 2025 and in partnership with the Saudi Export Development Authority (Saudi Exports).

The memoranda aim to support national exports and Saudi exporters by boosting access to global markets through an integrated logistics services ecosystem that connects the Kingdom’s ports with international destinations via leading global shipping lines.

The initiative provides exporters with broader opportunities for expansion and growth, while reinforcing international confidence in the quality of Saudi products by ensuring fast, efficient, and reliable delivery.

The MoUs establish a strategic framework for cooperation among the signatories to deliver innovative and integrated logistics solutions, facilitate the export of Saudi products, and boost the availability of empty containers at the Kingdom’s ports to ensure sufficient inventory levels that meet exporters’ needs.

They aim to expand joint initiatives that contribute to increasing Saudi exports in line with the goals of Saudi Vision 2030. This includes organizing workshops, conferences, and exhibitions to raise awareness, bolster exporters’ capabilities, measure satisfaction with logistics services, and promote national exports globally.

The MoUs seek to improve Saudi exporters’ access to new markets by providing advanced and efficient logistics solutions through Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Jubail Commercial Port, alongside efforts to further automate port operations.


Saudi Arabia, Syria Discuss Industrial Investment Partnerships

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)
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Saudi Arabia, Syria Discuss Industrial Investment Partnerships

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held talks in Riyadh on Tuesday with Syrian Minister of Economy and Industry Nedal Al-Shaar on ways to strengthen economic relations and develop industrial investment partnerships between their countries.

Alkhorayef praised Syria’s participation as Guest of Honor in the third edition of the Made in Saudi Expo, noting that this reflects the depth of fraternal relations and the shared economic ties between the two countries.

The officials discussed aspects of industrial cooperation and the opportunities for Syria to benefit from the Kingdom’s expertise and successful experience in developing its industrial sector.

They addressed prominent export opportunities that can support trade growth, strengthen industrial and economic integration between Saudi Arabia and Syria, and advance their developmental goals and shared interests.

Separately, Alkhorayef revealed that the Kingdom’s non-oil exports reached SAR307 billion in the first half of this year, marking the highest semiannual growth on record. 

He made the announcement during his participation in a dialogue session with Al-Shaar on the sidelines of the Made in Saudi Expo 2025. 

Alkhorayef explained that Saudi Vision 2030, through its initiatives, has driven record performance and sustained growth in non-oil exports over the past few years by unlocking national industrial capabilities, boosting the quality of Saudi products, and expanding their access to global markets. 

He highlighted opportunities for cooperation between Saudi Arabia and Syria in developing industrial cities, enabling Damascus to benefit from the Kingdom’s successful experience in export development and local content support, thereby contributing to its economic growth. 

Alkhorayef underlined the level of efficiency, skill, and craftsmanship demonstrated by Syrian investors in the Kingdom’s industrial sector, hoping that the industrial sector would become a key pillar of Syria’s economic advancement. 

He also addressed trade development between the two countries, noting that Saudi non-oil exports to Syria totaled SAR1.2 billion in the first nine months of 2025. 


Saudi Inflation Slows to Nine-Month Low in November

 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 
 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 
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Saudi Inflation Slows to Nine-Month Low in November

 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 
 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 

Saudi Arabia’s annual inflation rate slowed to 1.9 percent in November 2025, its lowest level in nine months, down from 2.2 percent in October, driven by easing housing costs and lower prices for food and beverages.

On a monthly basis, inflation remained broadly stable, edging up 0.1 percent compared with October.

According to data released on Monday by the Saudi General Authority for Statistics (GASTAT), the housing, water, electricity, gas and other fuels category rose 4.3 percent year on year in November, down from 4.5 percent in October. Within that category, actual housing rents increased 5.4 percent, slowing from 5.7 percent a month earlier.

Prices in the food and beverages category rose 1.3 percent, reflecting a 1.6 percent increase in the prices of fresh, chilled and frozen meat. The transport category climbed 1.5 percent, driven by a 6.4 percent rise in passenger transport services.

The personal care, social protection and miscellaneous goods and services category recorded the largest annual increase, up 6.6 percent, supported by a 19.9 percent surge in prices of other personal products, influenced by a 21.6 percent rise in jewelry and watch prices.

Prices for insurance and financial services increased 5.1 percent, led by an 8.4 percent rise in insurance costs. The recreation, sports and culture category rose 1.3 percent, reflecting a 2.1 percent increase in holiday package prices.

In contrast, prices for furniture, household equipment and routine household maintenance declined 0.3 percent. The restaurants and accommodation services category also fell 0.5 percent, as accommodation service prices decreased 2.3 percent.

GASTAT noted that the Consumer Price Index (CPI) measures changes in prices paid by consumers for a fixed basket of 582 items, while the Wholesale Price Index (WPI) tracks price movements of goods at the pre-retail stage for a fixed basket of 343 items.