The Tourism Ministry reached an agreement with Greece last week to launch cruise lines between the two countries, international relations advisor to the Tourism Minister Samy Mahmoud tells Al Shorouk. The trips will begin with medium-sized cruise ships carrying 700-800 passengers between Greece and Egypt, via Port Said and Alexandria. The ministry plans to begin using larger ships with a passenger capacity of 2000-5000 individuals by 2019.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Ceasefire optimism triggers EGX30 rally and EGP recovery
The EGP gained around 2.5% on the greenback by the…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…