Hotels to transfer 75% of foreign exchange revenues

Mamdouh el-Beltagui, Egypt's Minister of Tourism asserted that the inspection committee on the quality of tourist services made sure that all the hotels now already pumped 75% of their cash revenues to maintain the stability of the foreign exchange market.

Meanwhile, El-Beltagui called for the necessity of the continued coordination among hotels sector, the cruises department in the chamber of hotels and Ministry of Irrigation to care for the drought of the Nile navigation route between Luxor and Aswan when the Nile water level decreased for maintaining the flow and safety of the Nile cruises.