The Tourism Ministry will disburse overdue payments to foreign charter airlines under the 2015 incentives program by mid-October, Tourism Promotion Authority Vice President Ahmed Hamdy tells Youm7. The payment will cover the January-March 2017 period. The ministry has also given a preliminarily nod to extending the program for an additional year, Hamdy says.
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…