26 Articles
The Egyptian Holding Company for Airports and Air Navigation (EHCAAN) has begun studying to self-finance the Airports City infrastructure, having earlier postponed offering the project to construction companies. Chairperson of the EHCAAN Mohamed Saeed told Daily News Egypt that the company intends to carry out the project over several phases to ease the financial burden, …
Hossam El-Shaer, chairperson of Blue Sky Travel Agency, said that the company’s revenues dropped by a quarter in 2016 compared to 2015. He attributed the fall to the low tourism inflow from Europe, following the tragic incident of the Metrojet Russian airliner crash at the end of October 2015. The incident has prompted Russia to …
Passenger traffic in Sharm El-Sheikh registers decline of 34.4%
Official sources at the Egyptian Ministry of Tourism said that Russian tours to Egyptian resorts are expected to return in January, after over a year of suspension since the crash of a Russian aeroplane in October 2015. The source told Daily News Egypt that restoring the Russian inflow will revive the entire tourism sector. Russian …
A Russian delegation is set to arrive in Cairo to inspect security measures at airports
The number of German tourists visiting Egypt should return to pre-Metrojet crash levels in 2017
The Ministry of International Cooperation signed a loan agreement worth $457m with the Islamic Development Bank to finance the development of Sharm El-Sheikh International airport
Investments exceed EGP 80bn for all phases until 2020, with expected returns of EGP 422bn
Flights between the two countries declined by 50%, particularly private Egyptian and Saudi flights
Orascom resorted to foreign investments over the past period due to the 2 exchange rates in the market Â
Saudi Arabia crowns the list of top tourist destinations in Arab countries, followed by Morocco, the UAE, Egypt, and Tunisia
Sharm El-Sheikh International airport witnessed the largest decline, as 2015 Russian aeroplane crash continues to keep visitors at bay
Travco Group International sold its 50% stake in Air Arabia Egypt, according to Hamed El Chiaty, chairperson of the group.
UNESCO should prevent auction houses and museums from selling Egypt’s priceless artefacts, says minister of antiquities
Weak marketing, indirect communications with the European tourism decision-makers are the main causes behind the industry’s flailing recovery, experts say
A hotel in Damietta and another near the Grand Egyptian Museum will be under the company’s management soon
The Russian parties demanded the provision of these devices, and that airports be ready for inspection, says EHCAAN chairperson
Ground services lost more than EGP 300m when Russia halted its direct flights to and from Egypt
Airlines Company lost part of freight fees and EgyptAir Cargo is the biggest loser, says El-Nahas