The number of people choosing to take their holidays in Egypt has gone up this year, according to new figures.
Official figures cited by state news agency Mena showed that tourist numbers rose to 9.7 million in 2006, an increase of 13 per cent on the previous year. However, the news provider stated that the country's government wanted to boost this number further, setting a target of 14 million tourists per year before 2011. In order to help achieve this goal, the government has announced that it will invest in new facilities for tourists, such as shopping centres and leisure outlets. This could also help boost the number of people investing in the Egyptian property market, as factors such as demand and increased tourism could lead to a surge in values. Recently, the Telegraph newspaper highlighted the investment potential of Egypt, saying that its suitability as a holiday destination all year round made it a good option for foreign property buyers. Source: PropertyShowrooms
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