Egypt’s tourism revenue surges 6.6% in Q1 FY2019-20

Egypt’s tourism revenue surged 6.6 percent year-on-year in the first quarter of the financial year 2019/2020 to $4.2 billion, central bank data showed on Thursday.

Financial year in Egypt starts in July each year.

The tourism sector is one of Egypt’s main sources of foreign currency but has struggled since a 2011 uprising that ousted then president Hosni Mubarak.