HEALTHY GROWTH FOR EGYPT IN COMING FISCAL YEAR
Egypt has enjoyed a tourism increase of 32 percent in the first quarter of 2012 showing signs that the country has bounced back from the revolution in 2011.
Egypt has enjoyed a tourism increase of 32 percent in the first quarter of 2012 showing signs that the country has bounced back from the revolution in 2011.
The positive news has followed another great report from The Telegraph newspaper, which has recently revealed Egypt is leading the global markets in 2012.
Tourism in the country is expected to rise despite the eurozone crisis and with foreign investment across all sectors hitting $15.9 billion last year, 2012 is expected to see Turkey’s investment figure rise even further.
Egypt’s tourism sector welcomed its highest number of tourists in 2010 and the news that the same levels of tourists are returning in 2012 has pleased investors.
Tiba Resort is the lastest of a line of Tiba Developments to be launched and is set to be the best of them all. We are registering people who are interested in Tiba Resort and want to be sent full details on the day of release. Tiba Resort is due to be released to the market next month and is already looking to be just as popular, if not more popular than previous Tibas.
Turkish property will be in further demand after the announcement that foreign buyers will also be able to purchase more property than is currently allowed.
Tourist numbers in Egypt have increased by 32 percent compared to the first quarter in 2011, rising from 1,894,044 to 2,500,301 tourists in 2012.
Property prices in Turkey have risen by 0.78 percent in February compared to January this year showing real estate in the country is a good opportunity for property investors.
Egypt’s Red Sea resorts are a popular choice for divers to go on holiday as the Red Sea Riviera has the largest stretch of coastline and stunning underwater reefs.
Hurghada has all year round sunshine, warm waters and consistent wind conditions that are perfect for kitesurfing (also known as kiteboarding).