Tourism Minister Yehia Rashed promised to take decisions which would “mitigate” the impact of raising prices of entry visas after acknowledging that the decision has drawn the ire of the sector. In an interview with Al Shorouk, he said these decisions will be announced in the coming weeks, but offers no suggestion as to what form the measures could take.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Africa’s corporate debt market is just 0.3% of the world’s, with Egypt’s share more than halved since 2010
The OECD puts Africa’s market-based corporate debt at USD 211…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…