Does someone in the tourism industry want Yehia Rashed out? Red Sea Tourism Investment Association chairman Kamal Abou Ali has resigned from the Supreme Tourism Council, which convened for the first time in February, Al Masry Al Youm reports. Abou Ali says there is no clear vision for saving the tourism sector. The Egyptian Hotels Association’s steering committee vice president Ahmed El Waseef had also resigned from the Supreme Tourism Council a day before, according to Al Shorouk. Also leaving is Hajj Supreme Committee member Nasser Torki, who complained he was not being consulted on important decisions such as a recent hike in hajj prices, which he said was ordered unilaterally by the ministry. The wave of complaints and resignations comes after the launch of what we felt was a paid media campaign by some in the industry aiming to put pressure on Minister Yehia Rashed.
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…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…