CAIRO - Authorities in Egypt are set to offer five-year visa to tourists in a bid to attract them as the Covid-19 restrictions have finally been lifted across the world.
Ahmed Issa, Minister of Tourism and Antiquities revealed on Monday that Egypt was offering a multiyear visa for the first time and was also adding more nationalities to visa-on-arrival eligibility.
The multi year visa is poised to attract globetrotters and will be available for $700. Moreover, a single-entry 30-day visa on arrival can now be obtained by more than 180 nationalities for $25, The National News reported.
The move comes as Russia-Ukraine war impacted the inflow of tourists to the country which boasts 1 million square kilometers of land.
Egypt is known for its history and ancient civilization and it attracted 11.7 million tourists last year with its eyes fixed on reaching the target of 30 million by 2028.
“We need just 300,000 rooms, $30 billion of investments in rooms and probably similar amounts of investments in customer experiences. Spread the word — and it is a great industry to invest in,” said Mr Issa at a talk recently.
Like every other country, the pandemic had dent a blow to the tourism sector of the country compounded by the Russia-Ukraine war as the biggest source of its tourists was Ukraine. The country merely welcomed 3.7 million tourists in 2020, down from about 13 million in 2019. The recovery started in 2021 when the country saw 8 million tourists.
The country is currently battling economic crisis but the decision makers hope to shore up the resources through tourism sector for which promotional campaigns and activities are being planned across the country.
The country offers 2,000 archaeological sites and six UNESCO world heritage sites, including tourist hotspots like the Pyramids of Giza, the Valley of the Kings in Luxor and the temples of Aswan which historians adore the most. Egypt also features coastal destinations on both the Red Sea and the Mediterranean and is liked by beach-goers.
The policy makers decry the fact that despite such attractive topography and history, the country has only been getting less than 1 per cent of the share of total tourism in the world.
KARACHI – Pakistani rupee, which is facing blows in the open market, remained stable against the US dollar, in the inter-bank market on Wednesday.
The local currency moved slightly upward during the opening hours of trading in the inter-bank market. Before noon, PKR was hovering around 285.22, with a slight increase of Rs0.13.
As the situation remained under control in the interbank market, the rupee hits a fresh record low in the open market and was selling at 315 per dollar.
In a recent development, the IMF mission chief shared positive news, confirming that talks are underway with Pakistani authorities. The resumption of the IMF programme remains important for the crisis-hit country.
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,300 on Wednesday.The price of 10 grams of 24k gold was recorded at Rs199,160.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 232,300||PKR 2,485|
|Karachi||PKR 232,300||PKR 2,485|
|Islamabad||PKR 232,300||PKR 2,485|
|Peshawar||PKR 232,300||PKR 2,485|
|Quetta||PKR 232,300||PKR 2,485|
|Sialkot||PKR 232,300||PKR 2,485|
|Attock||PKR 232,300||PKR 2,485|
|Gujranwala||PKR 232,300||PKR 2,485|
|Jehlum||PKR 232,300||PKR 2,485|
|Multan||PKR 232,300||PKR 2,485|
|Bahawalpur||PKR 232,300||PKR 2,485|
|Gujrat||PKR 232,300||PKR 2,485|
|Nawabshah||PKR 232,300||PKR 2,485|
|Chakwal||PKR 232,300||PKR 2,485|
|Hyderabad||PKR 232,300||PKR 2,485|
|Nowshehra||PKR 232,300||PKR 2,485|
|Sargodha||PKR 232,300||PKR 2,485|
|Faisalabad||PKR 232,300||PKR 2,485|
|Mirpur||PKR 232,300||PKR 2,485|
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