Current Status and Prospects for Development of Interna-tional Tourism in the Arab Republic of Egypt

Currently, international tourism is a significant factor of sustainable socioeconomic development for most countries of the world, including Egypt. It ensures growth of the GDP, exports, investment, including foreign investment, and less unemployment. It also activates private entrepreneurial initiative. The article provides an analysis into the current status and prospects of the Arab Republic of Egypt in the sphere of international tourism.