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202805

Investment in The Tourism Goods and Antiquities Sector and Its Return on The Egyptian Economy

Article

Last updated: 24 Dec 2024

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Tags

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Abstract

The research aims to identify the return of investment in the commodities and antiquities sector on the Egyptian economy, by revealing the areas and incentives for investment in the Goods and tourism antiquities sector, and the role of the Chamber of Goods and Tourist Antiquities in supporting tourism investment, and the questionnaire tool was used in applying the research on a sample of 152 individuals working in the Goods and antiquities sector in Sharm El-Sheikh. The study reached a number of results, the most important of which is that investment in the goods and antiquities sector affects raising the rates of the economy, through a number of factors, including the increase in hard currency, the increase in job opportunities, the increase in the value of benefiting from taxes, and the consequences of importing goods and antiquities from abroad were cash leakage. For hard currency, not showing the identity of Egypt in a good way, and threatening the owners of workshops and local crafts, The study recommended the need to encourage investors wishing to establish shops for goods and antiquities by providing incentives such as tax exemption for a certain period, providing periodic data on workers, providing support in times of crisis, and controlling the quality of goods and antiques provided to tourists through the Chamber of Commodities and Antiquities, which reflects a good image of tourism in Egypt. It leaves a positive impact on the tourist, and the establishment of a company affiliated with the Chamber of goods and Antiquities specializes in purchasing handmade goods and antiques produced by workshops throughout the Republic.

DOI

10.21608/jaauth.2021.94646.1236

Keywords

goods and antiques, Sharm El-Shaikh, the Egyptian economy, Hard currency

Authors

First Name

Mohammed

Last Name

Bishr

MiddleName

-

Affiliation

Mansoura. Mansoura University, Faculty of Tourism and Hotels

Email

amanybadr11@gmail.com

City

Mansoura

Orcid

-

First Name

Doaa

Last Name

Samir

MiddleName

-

Affiliation

Mansoura. Mansoura University, Faculty of Tourism and Hotels

Email

dr.doaa.samir@mans.edu.eg

City

Mansoura

Orcid

-

Volume

21

Article Issue

3

Related Issue

28120

Issue Date

2021-12-01

Receive Date

2021-09-15

Publish Date

2021-12-01

Page Start

299

Page End

326

Print ISSN

1687-1863

Online ISSN

2682-4612

Link

https://jaauth.journals.ekb.eg/article_202805.html

Detail API

https://jaauth.journals.ekb.eg/service?article_code=202805

Order

161

Type

Original Article

Type Code

997

Publication Type

Journal

Publication Title

Journal of Association of Arab Universities for Tourism and Hospitality

Publication Link

https://jaauth.journals.ekb.eg/

MainTitle

Investment in The Tourism Goods and Antiquities Sector and Its Return on The Egyptian Economy

Details

Type

Article

Created At

22 Jan 2023