CAIRO — p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 13.0px Helvetica; color: #323333} span.s1 {font-kerning: none} While Egypt’s tourism industry faces troubled times, one lawmaker is thinking of innovative ways to bring in revenue to some of the country’s top destinations. Parliamentarian Mohamed al-Massoud announced July 26 that he had completed a monumental and wide-reaching study on the establishment of a free trade zone in Sharm el-Sheikh. The study, he said, was conducted in accordance with the new law on foreign and local investments, which was issued June 1.
Massoud, a member of parliament's tourism committee, said he would submit his study to the government and Minister of Investment Sahar Nasr, who decides whether cities can become free trade zones.
