Bloomberg said that Egyptian economy has recorded promising numbers as Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same period a year ago.
Full-year receipts rose 16 percent to $4.4 billion. Remittances grew 9 percent to $4.8 billion in the fourth quarter, and rose two percent to $17.4 billion for the year, Bloomberg said.