Turkey’s Wildfires Hit Hopes for Tourism Rebound

A volunteer from a nearby village sprays water to cool down a recently burnt part of a forest during a wildfire near Kavaklidere a town in Mugla province, Turkey, August 5, 2021. (Reuters)
A volunteer from a nearby village sprays water to cool down a recently burnt part of a forest during a wildfire near Kavaklidere a town in Mugla province, Turkey, August 5, 2021. (Reuters)
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Turkey’s Wildfires Hit Hopes for Tourism Rebound

A volunteer from a nearby village sprays water to cool down a recently burnt part of a forest during a wildfire near Kavaklidere a town in Mugla province, Turkey, August 5, 2021. (Reuters)
A volunteer from a nearby village sprays water to cool down a recently burnt part of a forest during a wildfire near Kavaklidere a town in Mugla province, Turkey, August 5, 2021. (Reuters)

The first cancellations from tourists booked onto one of Ozkan Selcuk’s cruises off Turkey’s southern coast came when the forests near where he takes visitors turtle-watching caught fire.

A year after the global COVID-19 pandemic devastated Turkey’s tourism industry, the worst wildfires in living memory along its southern coast have delivered a fresh blow to the sector which makes up some 5% of the Turkish economy.

In ten days, the fires have destroyed tens of thousands of hectares of forest in Mediterranean and Aegean provinces, eight people died and thousands of Turks and tourists have fled.

In the province of Mugla, where major tourist resorts Marmaris and Bodrum are located, at least 36,000 people have had to be evacuated, including from some coastal resort towns.

The relaxation of COVID-19 travel restrictions this summer had led to hope of a rebound in Turkey’s tourism industry, but for Selcuk and others in his region, the wildfires put paid to that.

“I have two more bookings for Saturday but I’m not getting any new bookings,” said Selcuk. “I am scared that the fire will continue. We wake up to ashes falling on our houses and on our boats.”

Firefighters have contained most of the around 200 wildfires that broke out in the last ten days, but on Friday there were still some 12 blazes burning on the Mediterranean and Aegean coasts, according to official data.

“There are no new bookings due to wildfires. Existing bookings are being cancelled. The hotels are also empty, with early check-outs,” Bulent Bulbuloglu, head of the Southern Aegean Hoteliers Union said.

Britain’s decision on Wednesday to keep Turkey on a COVID-19 “red list” for another three weeks is a further blow to the industry.

Tourism Minister Nuri Ersoy said on Friday Turkey was sticking to its targets of 25 million visitors this year and $20 billion tourism revenue - still far short of the $34.5 billion in pre-pandemic 2019.

“We had the expectation that the British visitors would come back, but that is not happening,” Bulbuloglu said.

Most tourists who visit Turkey are British, followed by Russians and Germans. In 2019 more than 2.5 million visitors came from Britain, according to official data.

In 2021, foreign arrivals were 5.7 million in the first half of the year while revenues stood at $5.5 billion, official data shows.

Former tourism minister Bahattin Yucel said the government forecasts were not realistic. “On top of the outbreak now there are wildfires...it will take a long time for the southern Aegean coast to recover,” he said.

Gonca Umul, whose family run a guesthouse in the coastal town of Oren, had hoped that a packed July would jumpstart a recovery from last year’s slump, but her small hotel is now empty after many residents were evacuated.

“We were fully booked for July and even turned down guests. Now people are only calling to cancel their bookings,” Umul said.



Saudi-Egyptian Investment Protection Deal to Be Implemented within 2 Months, Says Egypt PM

Egyptian Prime Minister Dr. Mostafa Madbouly speaks at the meeting with the Saudi private sector at the Federation of Saudi Chambers in Riyadh on Monday. (SPA)
Egyptian Prime Minister Dr. Mostafa Madbouly speaks at the meeting with the Saudi private sector at the Federation of Saudi Chambers in Riyadh on Monday. (SPA)
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Saudi-Egyptian Investment Protection Deal to Be Implemented within 2 Months, Says Egypt PM

Egyptian Prime Minister Dr. Mostafa Madbouly speaks at the meeting with the Saudi private sector at the Federation of Saudi Chambers in Riyadh on Monday. (SPA)
Egyptian Prime Minister Dr. Mostafa Madbouly speaks at the meeting with the Saudi private sector at the Federation of Saudi Chambers in Riyadh on Monday. (SPA)

Egyptian Prime Minister Dr. Mostafa Madbouly announced on Monday that the Saudi-Egyptian Investment Protection Agreement has been finalized and will be activated within two months. He also stated that the remaining challenges facing Saudi investors in Egypt will be resolved by the end of this year.

Speaking during a meeting with the Saudi private sector at the Federation of Saudi Chambers in Riyadh, Madbouly emphasized the Egyptian government’s commitment to support Saudi investments.

He said a special unit within Egypt's Ministry of Investment will be dedicated to overseeing Saudi investments, and the government has already resolved 90 issues affecting Saudi investors, leaving only 14 outstanding.

Ministers and officials from the public and private sectors attended the meeting.

Madbouly highlighted Egypt's recent reforms and incentives in various sectors, including development, real estate, industry, agriculture, tourism, and renewable energy. He noted that Egypt has successfully managed challenges related to financial and monetary policies, particularly the exchange rate of the Egyptian pound.

Minister of Commerce Majid Al-Qasabi underscored the intense efforts to improve the business environment between Saudi Arabia and Egypt, adding that the activation of the Saudi-Egyptian Investment Protection Agreement will further strengthen economic ties.

Minister of Investment Khalid Al-Falih praised the close cooperation between Saudi Arabia and Egypt, describing their relationship as a model for Arab cooperation that promotes regional economic growth.

He noted that trade between the two countries exceeded SAR 124 billion during 2022 and 2023 and that 5,767 licenses have been granted to Egyptian investors in the Kingdom.

The meeting also highlighted new developments in Saudi-Egyptian economic relations, focusing on opportunities for integration, cooperation to access African markets, and comparative advantages in various investment sectors.

Earlier, Madbouly met with Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef for talks on boosting cooperation and integration in the industrial and mining sectors.

They also discussed prospects for their development through the exchange of expertise and knowledge.

They explored the development of appropriate solutions to address challenges in order to maximize the benefits of both sectors.

In addition, they discussed strategies to support and incentivize private sector investment in strategic areas within the industrial and mining sectors, such as food industries, which would contribute to achieving food security in Saudi Arabia and Egypt.