Tourexpi
Türkiye and Egypt reaffirmed their intention to deepen
economic ties during a high-level meeting in Ankara chaired by TOBB President
Rifat Hisarcıklıoğlu and attended by Egypt’s Foreign Minister Badr Abdelatty.
While the talks focused broadly on trade and investment, both delegations
placed notable emphasis on tourism as a key area of expanding cooperation.
Tourism’s growing weight in bilateral relations
Foreign Minister Abdelatty highlighted tourism and
health as fast-growing sectors, noting Egypt’s ambition to surpass 18 million
visitors this year. He described the tourism industry as an integral part of
the countries’ economic partnership, benefiting from wider efforts to improve
the investment climate and streamline cross-border cooperation.
Hisarcıklıoğlu also named tourism among the major
fields where Türkiye and Egypt — bound, as he said, by deep cultural and
historical ties — see strong potential. Alongside industry, trade, energy and
construction, tourism was framed as a sector offering immediate opportunities
for collaboration and shared growth.
A broader framework for economic cooperation
The meeting reflected a mutual commitment to
strengthening economic links across multiple fronts. Abdelatty reiterated
Egypt’s readiness to provide “every possible facilitation” to Turkish
investors, emphasising the country’s large domestic market and its role as a
gateway to Africa through extensive free trade agreements.
He also noted that bilateral trade stood at $8.8
billion in 2024, with a joint target of $15 billion, described as ambitious yet
achievable given the countries’ “great potential.”
On the Turkish side, Hisarcıklıoğlu stressed the
longstanding presence of Turkish companies in Egypt — around 200 firms,
including 40 large-scale producers, employing approximately 100,000 Egyptian
citizens. He pointed to opportunities in construction, infrastructure and
logistics, calling the resurrection of former Ro-Ro maritime links between the
two countries a beneficial step for commerce and mobility.
Tourism as a shared opportunity
Across all remarks, tourism emerged as a strategic
field where both sides expect continued momentum. Egypt’s rising visitor
numbers, coupled with Turkish expertise in hospitality, travel services and
outbound markets, position the sector as a natural bridge within the broader
economic partnership.
Both delegations voiced confidence that closer
cooperation — in tourism and beyond — will support the joint goal of expanding
commercial ties and strengthening people-to-people connections between Türkiye
and Egypt.
Image
Credit: © AA
The most interesting news
Read the News

TUI River Cruises celebrates launch milestone for first purpose-built ship
TUI Luzia enters the water for the first time ahead of her debut on Portugal’s Douro River in summer 2027
Read the News

WTTC presents seven principles for sustainable destination management
New policy framework calls for closer cooperation between governments, communities and businesses to ensure tourism benefits residents as well as visitors
Read the News

Lufthansa Group bids for stake in TAP Air Portugal
Proposed partnership aims to strengthen Portugal’s flag carrier, expand Atlantic connectivity and support long-term investment and employment
Read the News

Ryanair urges Austria to reject German aviation policy
Europe’s largest airline says lower taxes and airport charges, not new studies, are needed to boost aviation growth
Read the News

US airlines ban humanoid and pet-like robots from flights
Delta and United tighten baggage rules over lithium-ion battery safety concerns
Read the News

GNTB brings international travel creators to Hamburg
Around 150 content professionals will explore Germany, attend industry sessions and experience Hamburg and its surrounding regions
Read the News

Holland America Line opens bookings for Zuiderdam’s first Europe season after major transformation
The newly renovated ship will sail the Mediterranean, Northern Europe, Iceland and Greenland following its return to service in spring 2028
Read the News

Global air travel demand declines as Middle East traffic slumps
Worldwide passenger demand fell by 1.7 percent in June, with Middle Eastern airlines recording a decline of almost 14 percent
Read the News

Condor to launch daily nonstop flights between Frankfurt and Chicago
Seasonal service will operate from May to September 2027 with Airbus A330neo aircraft
Read the News

Nobu plans luxury hotel and residences at Monte Rei in Portugal
Eastern Algarve development will include a 100-room hotel, signature restaurant, villas and branded residences
Read the News

Guggenheim Abu Dhabi to open on 11 December 2026
New museum will strengthen Saadiyat Cultural District as a global arts destination
Read the News

Emirates Skywards launches rail rewards across Europe
Members can redeem Miles for journeys to more than 12,000 destinations in 12 countries
Read the News

GNTB Sustainable Tourism Day highlights practical solutions for the future
Experts will present best practices, new regulations and innovative approaches for responsible tourism at the fifth edition of the industry event
Read the News

TAT showcases Ubon Ratchathani Candle Festival to international travel industry
Familiarisation trip and cultural programme introduce global media and tourism partners to one of Thailand’s signature cultural events and the wider appeal of Isan
Read the News

Spain launches €15 million plan to cut hospitality energy costs
Accommodation and food-service businesses can receive grants of between €5,000 and €11,000 to replace outdated equipment with more efficient alternatives
Read the News

Hyatt Regency brand to debut in Armenia with new Dilijan hotel
The planned 205-room property will combine leisure, wellness and conference facilities in one of Armenia’s leading mountain destinations
Read the News

Villa Vie expands residential cruise concept with second ship
Legacy is scheduled to enter service in 2029 as Odyssey surpasses 85% of residences sold
Read the News

WTTC sees major growth potential for India's international tourism
Strong domestic market provides foundation as India aims to attract more international visitors
Read the News

Radisson Hotel Group launches ChatGPT app for AI-powered hotel discovery
New AI experience helps travelers find, compare and book hotels through natural conversation
Read the News

American Airlines resumes operations after brief IT disruption
Temporary nationwide ground stop lifted after technology issue affected airline systems
Read the News

Tiffany, Claire Richards and Martin Kemp headline Marella Cruises' 80s vs 90s music cruise
Adults-only Mediterranean sailing returns in 2027 with live performances from iconic pop stars
