Sunday’s terrorist attack in Giza is “a setback” for tourism in Egypt, Chairman of the Association of Independent Tour Operators (AITO) Derek Moore said, according to TTG Media. Moore stressed, however, his confidence that Egyptian authorities were doing everything possible to reduce the likelihood of repeat incidents. “The truth is, we think, the public has become more aware of the statistically very low chances of being involved in such an incident,” he added. AITO is a UK-based tourism trade group representing 120 independent tour companies, 12 of which currently organize trips and holidays in Egypt.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
EGX30 gained 2.79% in 3Q, but September gave back most of its July-August run, with mid-caps falling the hardest
Small- and mid-cap indices widened their lead over the benchmark…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…