Saturday 08/November/2025 – 01:26 PM
Dr. Rania Al-Mashat confirmed, Minister of Planning And economic development and international cooperation, that the Grand Egyptian Museum is not only for Egypt but for the whole world, and will be a tourist destination for various tourists from countries around the world, as it is expected to attract millions of visitors, noting that the museum is a strong addition to cultural tourism in Egypt, as it is an integrated development project for tourism, culture and entertainment and is distinguished by its proximity to the main axes and the Sphinx International Airport, in addition to the private sector increasing the number of hotel rooms around the museum.
Al-Mashat: 12% of global trade will return to passing through the Suez Canal with the historic peace agreement
This came during her interview with journalist Richard Quest, on CNN International, during her recent visit to London, where Dr. Rania Al-Mashat pointed out that the Grand Egyptian Museum is the largest museum of a single civilization and includes the entire collections of King Tutankhamun, noting that the museum enhances the state’s vision of attracting 30 million tourists by 2030, especially in light of Egypt’s infrastructure and airports linking beach tourist areas and various archaeological areas.
She added that there is another very important aspect of the opening of the Grand Egyptian Museum, which is the employment multiplier, as the tourism sector is one of the sectors with the highest employment multiplier, and every direct job opportunity in the sector creates 2-3 indirect job opportunities, which reflects the great importance of the sector in the Egyptian labor market.
Dr. Rania Al-Mashat spoke about the development process in the Egyptian state, which has spent a lot on infrastructure in recent years, paving the way for increased development in many fields such as tourism, industry, exports and others, stressing that the development achieved in infrastructure has made the economy more ready to increase investments, especially in the renewable energy sectors, and industries such as medicines, spinning and weaving, pointing out that Egypt has trade agreements with more than 70 countries around the world, and is also linked to a free trade agreement with the continent of Africa, The government has already implemented measures to facilitate the investment climate and improve the business environment, which reflects the great opportunities to increase Egyptian exports and trade abroad.
Al-Mashat said: Everything we are talking about reflects the extent of the diversification of the Egyptian economy in light of the industrial base it possesses, the continuous development in the digital transformation, communications and information technology sectors, and the boom we see in the tourism sector, explaining that all of this was reflected in an increase in growth rates to reach 4.4% in the last fiscal year and 5% in the last quarter, despite the continued contraction of the Suez Canal sector due to regional tensions.
Regarding the situation in the region, she said: In my last meeting with you last February, the region was going through a very difficult period, but now we have a peace agreement led by President Abdel Fattah El-Sisi, in partnership with the United States, Qatar, and Turkey, and of course this agreement will have an impact on the trade movement passing through the Suez Canal, so that 12% of the global trade movement will return to the canal, and it will be reflected in the economy of the region and the world, and what we have learned in the past years is that despite the shocks, we strengthen our ability to withstand through policies. And ongoing reforms, so we are continuing reforms to enhance policy predictability and drive the resilience of the Egyptian economy.
She stressed that the Egyptian economy has overcome many successive crises through its flexibility, and that the government is continuing reforms to enhance the clarity of economic policies.
