TITLE

Egyptian tourism bounces back

PUB. DATE
October 2003
SOURCE
Middle East;Oct2003, Issue 338, p51
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The shock waves that followed September 11, 2001 terrorist attacks spread far beyond Ground Zero in New York to change political, economic and social lives across the face of the globe. The fact that these attacks on the Twin Towers of the World Trade Centre in Ground Zero and the Pentagon in Washington were launched via commercial aircraft did nothing to help fortunes of the world aviation industry, already under considerable economic pressure. In the wake of these terrorist attacks, economists at Egypt's Institute of National Planning (INP) released a report, "The Consequences of the 11 September Terrorist Attacks Against America on the Egyptian Economy," which painted a gloomy picture. One of the hardest hit economic sectors, the report predicted, would be tourism, which accounts for almost a quarter of Egypt's foreign exchange receipts. While tourism receipts had declined overall by around $900m during the 12 month period between September 2001 to September 2002, latter months had recorded an upturn. During August 2002 tourist traffic into Egypt was up 15%, compared with 2001. The major reason behind this is that Egypt successfully managed to attract a greater number of Arab tourists, who had been scared off destinations in Europe and the United States.
ACCESSION #
10973228

 

Related Articles

  • Happy new year not so bubbly for cities hit hardest by terror attacks. Frumkin, Paul // Nation's Restaurant News;1/7/2002, Vol. 36 Issue 1, p52 

    Focuses on the impact of September 11, 2001 terrorist attacks on restaurant industry in mid-atlantic region of the United States. Prediction growth rate of food service sales in 2002; Continuance of loss in tourism-related businesses revenue; Information on legislative activity of restaurants...

  • San Francisco leaders are asking themselves: Where did all the gay and lesbian tourists go? Walsh, Ed // Bay Windows;10/4/2001, pN.PAG 

    Deals with the impact of the September 11, 2001 terrorist attacks on gay tourism in San Francisco, California. Decline in businesses in Castro district; Significance of the Folsom Street Fair in San Francisco to gay tourism; Prediction on the gay travel industry.

  • It's All About Planes. Carter, Graydon // Vanity Fair;Sep2002, Issue 505, p116 

    Comments on key issues relevant to the terrorist attacks in the U.S. on September 11, 2001. Impact on the airline industry; Effect on the travel sector; Implications on travel safety.

  • Travel industry prepares for aftershocks. Teinowitz, Ira // Advertising Age;9/17/2001, Vol. 72 Issue 38, p4 

    The article reports on the impact of the September 11, 2001 terrorist attacks on the U.S. travel industry. The industry is bracing for possible longer-term repercussions following the shutdown of airline traffic and the continued aftermath from the terrorist incidents. Even as hotel chains...

  • US govt hands M&C Saatchi assignment to increase tourism.  // Campaign;3/26/2004, Issue 13, p3 

    M&C Saatchi has been picked to play a leading role in the U.S. government's campaign to woo back foreign visitors who have shunned the country since the September 11, 2001 terrorist attacks. The agency will handle creative work for an advertising, marketing and PR initiative, which will begin in...

  • PART IV: PARTY LEADER TO MADAME PREMIER SPEECHES FROM 1996--PRESENT: ONE BERMUDA-UNITED IN THE NATIONAL INTEREST.  // Voice of Change: Selected Speeches of Jennifer M. Smith, Premier;2003, p283 

    Address to the Nation, 21 February 2002. Following the September 11 2001 attacks on Washington DC and New York City, the prospect of war and its effect on Bermuda's ailing tourism industry was at the forefront of serious debate. Statements were made by a number of Ministers concerning the areas...

  • NOTES & DISPATCHES. Beatty, Jack; Carr, David; O'Rourke, P. J.; Nixon, Rob; Curtis, Wayne; Davison, Peter; Kotlowitz, Alex // Atlantic;Nov2001, Vol. 288 Issue 4, p26 

    The article provides various views and opinions concerning terrorism and racism. The influence of the September 11, 2001 terrorist attacks toward a higher political standard is discussed. The negative reception of Africans from different countries who immigrate to South Africa is highlighted....

  • FEAR OF FLYING. Wood, Sharon // Finance Week;8/2/2004 Supp Richer Life, p5 

    The article focuses on the financial structure of the aircraft industry. Airfares soared in the wake of the September 11 attacks in the US and have never dropped. And for the past few years airlines have got into worse and worse financial shape as people have traveled less and spiraling oil...

  • 'Tourists alienated' admits Rice.  // Travel Weekly: The Choice of Travel Professionals;4/21/2006, Issue 1817, p4 

    This article reports that U.S. Secretary of State Condoleezza Rice has acknowledged some steps taken to secure the country's borders have inconvenienced legitimate tourism. However, she acknowledged that, while the U.S. has always been a welcoming nation, the government's commitment to openness...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics