{"id":544844,"date":"2022-03-23T04:00:33","date_gmt":"2022-03-23T04:00:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/charter-flight-incentives-extended-until-october-contractors-on-state-project-get-two-month-buffer-on-late-projects\/"},"modified":"2022-03-23T04:00:33","modified_gmt":"2022-03-23T04:00:33","slug":"charter-flight-incentives-extended-until-october-contractors-on-state-project-get-two-month-buffer-on-late-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/charter-flight-incentives-extended-until-october-contractors-on-state-project-get-two-month-buffer-on-late-projects\/","title":{"rendered":"Charter flight incentives extended until October + contractors on state project get two-month buffer on late projects"},"content":{"rendered":"

<\/a> Chart<\/strong>er flights landing in Egypt will continue to receive cash subsidies from the <\/strong>government until the end of October <\/strong>after the cabinet yesterday agreed to extend incentives<\/a> designed to boost tourism. The program pays out between USD 1.5k and USD 3.5k per flight to airlines and was supposed to expire at the end of April<\/a>, but according to a cabinet statement<\/a> ministers have agreed to extend it until 31 October.<\/p>\n

Tourism under pressure:<\/strong> The government is looking for ways to support the country\u2019s tourism industry as it deals with the loss of Russian and Ukrainian tourists. The two countries together account for about 30% of inbound tourist arrivals in Egypt, making us particularly exposed to the fallout from the conflict in Ukraine. Occupancy rates in Egypt\u2019s Red Sea resorts have reportedly fallen by almost half<\/a> since the start of the year.<\/p>\n

The Tourism Ministry is also mounting a new international ad campaign<\/strong> as it tries to attract visitors from other countries. The eight-week \u201cFollow the Sun\u201d campaign has been deployed on social media platforms, targeting people in the UK, Germany, Italy, France and the US.<\/p>\n

ALSO FROM THE MEETING-<\/strong><\/p>\n

National projects won\u2019t be delayed because of the commodity price shock, but <\/strong>companies won\u2019t be fined for 2 months for late delivery:<\/strong> Companies that fail to meet deadlines on state infrastructure projects will be exempt from fines for two months in light of rising commodity prices caused by the Ukraine conflict and shipping disruptions. Faced with higher input costs, contractors have called on the government to delay the delivery<\/a> of some lower-priority projects for three months, a measure which they say may take some of the pressure off as it allows them to hold off on buying materials at current prices.<\/p>\n

Decent Life<\/strong> is an exception:<\/strong> The government is considering extending deadlines for the initiative in light of the global situation, and will not impose fines on contractors, according to a separate statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Charter flights landing in Egypt will continue to receive cash subsidies from the government until the end of October after the cabinet yesterday agreed to extend incentives designed to boost tourism. The program pays out between USD 1.5k and USD 3.5k per flight to airlines and was supposed to expire at the end of April, […]<\/p>\n","protected":false},"author":1,"featured_media":544845,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7306],"tags":[282,317,72,7111,1341,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-commodities","tag-enterpriseam","tag-infrastructure","tag-russia-ukraine-conflict","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"b72aaca2-4297-4a97-b310-d48a89e9de79","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/316.jpg","photo_position":"above","related_issue":[544829],"teaser":"","voice_url":""},"yoast_head":"\nCharter flight incentives extended until October + contractors on state project get two-month buffer on late projects - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/23\/charter-flight-incentives-extended-until-october-contractors-on-state-project-get-two-month-buffer-on-late-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charter flight incentives extended until October + contractors on state project get two-month buffer on late projects\" \/>\n<meta property=\"og:description\" content=\"Charter flights landing in Egypt will continue to receive cash subsidies from the government until the end of October after the cabinet yesterday agreed to extend incentives designed to boost tourism. 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flight incentives programs extended until the end of the year: The debt, utilities and real estate tax payment holiday introduced in April to support companies reliant on tourism through the covid-19 pandemic has been extended until the end of the year, cabinet said yesterday following its\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569954,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/cabinet-approves-plan-for-five-year-tourist-visas\/","url_meta":{"origin":544844,"position":1},"title":"Cabinet approves plan for five-year tourist visas","author":"enterpriseam admin","date":"12 March 2020","format":false,"excerpt":"CABINET WATCH- Madbouly cabinet approves plan for five-year tourist visas: The cabinet has approved plans to introduce a new five-year tourist visa that will come into effect from June. With the new visa tourists would be able to enter the country for multiple 90-day periods for a USD 100 fee.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":707888,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/04\/tourism-ministry-ups-charter-flight-incentives-to-usd-165-mn\/","url_meta":{"origin":544844,"position":2},"title":"Tourism Ministry ups charter flight incentives to USD 165 mn","author":"enterpriseam admin","date":"4 June 2026","format":false,"excerpt":"Plus: Egypt and China expand currency swap agreement to CNY 30 bn","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/6\/305.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637075,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/tourism-ministry-approves-raising-incentives-for-charter-flights\/","url_meta":{"origin":544844,"position":3},"title":"Tourism Ministry approves raising incentives for charter flights","author":"enterpriseam admin","date":"7 November 2017","format":false,"excerpt":"The Tourism Ministry has approved raising incentives offered to airlines running charter flights to Luxor, Aswan, Marsa Matrouh, Taba, and Alamein to USD 3,000 from USD 2,000, Deputy Minister Adla Ragab tells Al Shorouk. The incentives, which include payouts and fee exemptions, are offered to flights with 50-80% seat occupancy\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576526,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/29\/tourism-ministry-tempts-airlines-back-to-egypt-with-new-charter-flight-incentives\/","url_meta":{"origin":544844,"position":4},"title":"Tourism Ministry tempts airlines back to Egypt with new charter flight incentives","author":"enterpriseam admin","date":"29 November 2020","format":false,"excerpt":"Charter flights landing in Egypt are eligible for a fresh batch of incentives under the next phase of the Tourism Ministry's charter flight program, which is set to run between 1 January and 30 April 2021, Minister Khaled El Enany said, according to Al Wafd. The ministry will offer unspecified\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/294.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634167,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/tpa-disburses-charter-flights-incentive-program-payments-until-april-2017\/","url_meta":{"origin":544844,"position":5},"title":"TPA disburses charter flights incentive program payments until April 2017","author":"enterpriseam admin","date":"8 January 2018","format":false,"excerpt":"The Tourism Promotion Agency (TPA) has disbursed payments to 34 foreign charter airlines under the incentives program through to April 2017, TPA Vice President Ahmed Hamdy announced on Thursday, Al Borsa reports. The TPA will also disburse payments owed for June 2017 within days, Al Shorouk says. The authority had\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544844"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544844\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544845"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544844"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544844"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}