Egyptian men ride their camels as they wait for customers in front of the pyramid of Khafre in Giza, southwest of central Cairo.
Egyptian men ride their camels as they wait for customers in front of the pyramid of Khafre in Giza, southwest of central Cairo.
Egyptian men ride their camels as they wait for customers in front of the pyramid of Khafre in Giza, southwest of central Cairo.
Egyptian men ride their camels as they wait for customers in front of the pyramid of Khafre in Giza, southwest of central Cairo.

Tourists desert Egypt amid protests


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CAIRO, Qahirah // By Giza's Great Pyramids, souvenir vendors wait restlessly in the shade, watching for the handful of tourists who still make their way down the empty street to the once-bustling landmark.

The 2011 revolution that toppled dictator Hosni Mubarak dealt a severe blow to the country's tourist industry, once a mainstay of Egypt's economy.

And things have gone from bad to worse since June, when violent protests broke out against president Mohamed Morsi. On July 3, the army ousted the Islamist leader, leading to further deadly violence and an ongoing standoff between the two sides.

The tour buses that lined the streets around the pyramids have disappeared.

"We hope to the Lord that he will bring back those busy days, because all of us rely on tourism alone," said Gameel Hassan, who has run a shop near the pyramids selling papyrus prints for nearly 20 years.

Now, his shop is empty. Only a few tourists come each day to browse the hundreds of pictures of Egyptian gods and pharoahs that cover the walls.

"To bring tourism back, we need stability and security," he said. "The parties must calm down and leave the president to rule the country in the way he sees fit," he said, referring to the country's new interim authorities.

Out in the street, Mahmoud Attiyah, who offers horseback tours of the pyramids, is glum about business.

"There have been no tourists coming from outside. From June 30 until now, there have been none," he complained.

But Morsi's removal cheered Attiyah. Like many of the vendors, he thought the Morsi government was harming Egypt's tourist industry, which once accounted for some 10 percent of GDP.

Yet not everyone has been put off.

Two travellers, laden by backpacks, made their was past the gate to the pyramids. They were followed by a crowd of jostling vendors offering souvenirs and horse rides.

Ryan Gary and Ashley Westcott, from the US state of Colorado, were unfazed by the State Department's travel warnings about the country and alarming stories on the news.

"As long as you travel safe and are smart about the kind of decisions that you are making, a lot of times the people are a lot nicer than the media makes them out to be," one said, beaming.

But tourists like Westcott and Gary are increasingly rare.

They have disappeared from the Khan el-Khalili bazaar in Cairo. This warren of narrow streets used to see coachloads of people coming to haggle over souvenirs, soak up the atmosphere and relax in cafes over a mint tea and a sheesha (water pipe).

After dark, the area is crowded with Egyptians talking a stroll after the iftar meal to break the Ramadan fast, but the foreigners are nowhere to be seen.

Hussam Manaf, 41, is a university professor in the mornings but, in the evenings, he runs the small Khan el-Khalili souvenir shop his father founded.

Surrounded by hundreds of alabaster pyramids, glass ornaments and papyrus scrolls, Manaf said only one or two tourists had visited his shop each day since June 30

He was adamant that the tourism ministry needed to do more to promote Egypt abroad.

"Where are the films showing Egypt outside of Egypt," he asked, pointing out that other countries had done a far better job of promoting themselves.

"When you look around you see that, when they do film adverts, they show important places," he said, amazed that the ministry was happy to stick to old cliches about the country.

"Tourism in Egypt is not only the pyramids," he said, exasperated.

Tourism Minister Hisham Zaazou acknowledge to AFP that the sector is suffering even more, as the current unrest is hitting the peak season.

"In the first 15 days of July 2013, Egypt welcomed 387,000 tourists compared with 515,000 tourists in the same period last year," Zaazou said.

In 2010, the year before the revolution, Egypt attracted 14.7 million visitors, a record high. That plunged by nearly a third to around 10 million in 2011, then rose to 11.5 million in 2012.

Zaazou said he had plans for a fresh PR offensive abroad, but added that getting countries to lift advisories against travelling to Egypt is his main aim.

"At this stage of the development of tourism in the world, a tourist won't go abroad without travel insurance," he said. Warnings issued by embassies and foreign ministries make it harder for them to get the insurance they need to travel to Egypt.

Zaazou said he was already talking to European ambassadors to lift the travel warnings in certain areas, such as Egypt's pristine Red Sea resorts.

"There are other destinations different than Cairo and Alexandria that are safe away from the hot events," he says.

But Zaazou said he is bullish about the future, and aims to bring 13 million tourists to Egypt this year.

"I think that in the medium and long term, tourism will see a strong comeback," he predicted.

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Torque: 800Nm from 2,500-4,000rpm

Transmission: 8-speed dual-clutch auto

Fuel consumption: 11.12L/100km

Price: From Dh796,600

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Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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Saturday, Nov 11 – 9.30am, ICC Academy, Dubai
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Thursday, Nov 16 – 2pm, ICC Academy, Dubai
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Job: CEO JCDecaux Middle East

In the role: Since January 2015

Lives: In the UAE

Background: M&A, investment banking

Studied: Corporate finance

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Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

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“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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Price, base: Dh5.1 million

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Power: 800hp @ 7,100pm

Torque: 980Nm @ 4,000rpm

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Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

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