An Egyptian government official says Egypt has lost hundreds of
millions of dollars since last year’s suspected bombing of a Russian
plane, which crippled the country’s vital tourism industry.
South
Sinai Governor Khaled Fouda was quoted by the state-run Al-Ahram daily
on Friday as saying that hotel occupancy in the resort cities of Sharm
el-Sheikh and Hurghada stands at less than 20 percent and that the
cities lose nearly 2 billion Egyptian pounds (more than $250 million)
each month.
Russia suspended all flights to Egypt and Britain halted flights to Sharm el-Sheikh after the Oct. 31 crash.
The
Islamic State group claims that it planted a bomb onboard and Moscow
has concluded the plane was downed by an explosive. But Egypt claims it
is still investigating the cause.
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