Prime Minister Sherif Ismail encouraged tour operators to market Sharm El Sheikh by providing incentive programs to foreign tour operators,according to a press release from the Tourism Ministry. This came during a meeting with companies which was also attended by Tourism Minister Yehia Rashed and Antiquities Minister Khaled El Nany. Ismail added that a promotional campaign for Sharm El Sheikh was in the works. The meeting also covered back pay of incentives to foreign charter airlines.
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…