Hotel occupancy drops 15 percent in Sinai after attack in Egypt Independent – Particularly painful because the majority of Egypt’s tourism revenue, especially over the last 18 months, has come from Sinai. The tourism minister, Hesham Zaazou, says charter flights should be encouraged. Maybe the government should focus on security in Sinai instead.
I have two stories out in The National today, looking at Egypt’s electricity problems. The take-out: Egypt should cut its natural gas exports as a short-term fix, rather than shutting down plants (which has ramifications across Egypt, especially on the poor). And despite some noise about restarting the nuclear programme, the government is not that serious about moving forward to it’s own long-term detriment.
The Egyptian economy is due for its own revolution. If correctly handled this would be a peaceful, creative and enriching change in the business environment. It could also help average Egyptians to the better life to which they aspire.