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41.9% decrease in tourist arrivals in July: CAPMAS

The number of tourists who travelled to Egypt in July was 529,200 tourists—a 41.9% decline year-over-year (y-o-y), compared to July 2015, according the Central Agency for Public Mobilisation and Statistics (CAPMAS). The agency explained in its monthly bulletin on the tourism sector, issued on Monday, that the low number of tourists who travelled to Egypt …

Hossam Mounir

Egypt’s economic crisis and the need for a change in policies

“It’s the economy, stupid” was the original phrase which James Carville coined as a lead strategist for Bill Clinton’s successful presidential campaign in 1992 against the then sitting president George H. W. Bush. Its effect was magical. In 1991, 90% of polled Americans approved of Bush’s performance days after American troops moved to defeat Saddam …

Hussein Keshk