
Cabinet approves 6-month leeway on tourism, private airlines utility payments
Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects tourism companies
Stakeholders argue decision protects against lay-offs, hotel closures, others believe it neglects tourism companies
EgyptAir still studying financing air fleet increase from 81 to 125 aircrafts
Regarding promoting tourism, the private sector is a huge supporter of tourism, and most companies have flight lines between Sharm El-Sheikh, Hurghada, and many European Countries such as Poland, Germany and Italy.
If Egyptian private airlines compete with European airlines, they can dominate 5% of the market, says Al-Masria Chairman