Dr. Bilaal Shaheeb, an economic expert, highlighted that the opening of the Grand Egyptian Museum is anticipated to generate significant economic and tourism revenues for Egypt. Speaking on Extra News, he noted that tourism, one of Egypt’s key sources of foreign currency, reached $15.3 billion in 2024, marking a 9% increase from the previous year. The number of tourists rose to 15.7 million, a 5% growth, contributing to a foreign currency reserve of $48.11 billion. Shaheeb emphasized Egypt’s unique tourism offerings, including cultural, religious, beach, and medical tourism, which enhance its global appeal. The museum is also expected to attract foreign investments and diversify tourism markets, reinforcing Egypt’s position as a leading global destination.
— new from Masrawy
