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Taba-Aqaba tourist route opens after lengthy closure
By Petra - Sep 30,2012 - Last updated at Sep 30,2012
TABA — The Taba-Aqaba route re-opened on Saturday after nearly a year and a half of closure.
During a ceremony in Taba, Egypt, on Saturday, Tourism Minister Nayef Al Fayez said re-operating the route will have a positive impact on Jordan and Egypt’s tourism sectors.
Egyptian Prime Minister Hisham Qandil said more than 250,000 tourists use the route annually, generating about $250 million of revenues for both countries.
Jordan Chamber of Commerce (JCC) President Nael Kabariti on Sunday reviewed means to develop commercial relations between Jordan and Egypt and to eliminate obstacles hampering commercial cooperation.
Egypt’s central bank said this week it would allocate 10 billion Egyptian pounds ($1.44 billion) for low-cost housing projects, one of the demands in protests that led to the ouster of autocratic President Hosni Mubarak in 2011.
A militant Islamist group has warned tourists to leave Egypt and threatened to attack any who stay after February 20, raising the prospect of a new front in a fast-growing insurgency in the biggest Arab nation.
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