{"id":593158,"date":"2019-11-19T04:12:29","date_gmt":"2019-11-19T04:12:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/"},"modified":"2019-11-19T04:12:29","modified_gmt":"2019-11-19T04:12:29","slug":"thomas-cooks-debt-to-egypt-hit-eur-14-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/","title":{"rendered":"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn"},"content":{"rendered":"<p>Liquidated British tour operator Thomas Cook\u2019s debt to Egypt is at EUR 14 mn, half of which are owed to its local operator, Blue Sky travel group, Blue Sky Chairman Hossam El Shaer said at a presser, <a href=\"https:\/\/almalnews.com\/14-%d9%85%d9%84%d9%8a%d9%88%d9%86-%d9%8a%d9%88%d8%b1%d9%88-%d9%85%d8%af%d9%8a%d9%88%d9%86%d9%8a%d8%a7%d8%aa-%d8%aa%d9%88%d9%85%d8%a7%d8%b3-%d9%83%d9%88%d9%83-%d9%84%d9%85%d8%b5%d8%b1\/\">according to Al Mal<\/a>. Thomas Cook should be able to repay its debt once it sells off its assets, El Shaer said. The British company had abruptly announced its <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/24\/thousands-of-thomas-cook-reservations-in-egypt-canceled-as-company-goes-bust\/\">liquidation in September<\/a> its total debt hit USD 1.7 bn, resulting in the cancellation of 25k reservations to Egypt booked up to April 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liquidated British tour operator Thomas Cook\u2019s debt to Egypt is at EUR 14 mn, half of which are owed to its local operator, Blue Sky travel group, Blue Sky Chairman Hossam El Shaer said at a presser, according to Al Mal. Thomas Cook should be able to repay its debt once it sells off its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7377],"tags":[7106,72,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593158","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-debt","tag-enterpriseam","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"887b7354-030b-4f9e-bde3-387616b12e3f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593130],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Thomas Cook\u2019s debt to Egypt hit EUR 14 mn - 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\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn\" \/>\n<meta property=\"og:description\" content=\"Liquidated British tour operator Thomas Cook\u2019s debt to Egypt is at EUR 14 mn, half of which are owed to its local operator, Blue Sky travel group, Blue Sky Chairman Hossam El Shaer said at a presser, according to Al Mal. Thomas Cook should be able to repay its debt once it sells off its [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-19T04:12:29+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn\",\"datePublished\":\"2019-11-19T04:12:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"EnterpriseAM\",\"tourism\",\"travel\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\",\"name\":\"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-11-19T04:12:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/thomas-cooks-debt-to-egypt-hit-eur-14-mn\/","og_locale":"en_US","og_type":"article","og_title":"Thomas Cook\u2019s debt to Egypt hit EUR 14 mn","og_description":"Liquidated British tour operator Thomas Cook\u2019s debt to Egypt is at EUR 14 mn, half of which are owed to its local operator, Blue Sky travel group, Blue Sky Chairman Hossam El Shaer said at a presser, according to Al Mal. 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The increase comes on the back of Thomas Cook\u2019s promotion of Egypt\u2019s beach destinations. Egypt has now become one of the top five\u2026","rel":"","context":"In &quot;Tourism&quot;","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":630250,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/","url_meta":{"origin":593158,"position":1},"title":"British, German summer bookings to Egypt through Thomas Cook up 40% y-o-y","author":"enterpriseam admin","date":"16 April 2018","format":false,"excerpt":"Thomas Cook\u2019s summer bookings for Egypt from the UK and Germany are up 40% y-o-y, the company\u2019s agent, Blue Sky Chairman Moudy El Shaer tells Al Mal. Tourism portal FVW had previously announced that Egypt is one of a few top Eastern Mediterranean destinations for the upcoming summer season among\u2026","rel":"","context":"In &quot;Tourism&quot;","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":593515,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/01\/egypts-tourism-sector-expected-to-grow-30-in-2019-says-al-mashat\/","url_meta":{"origin":593158,"position":2},"title":"Egypt\u2019s tourism sector expected to grow 30% in 2019, says Al Mashat","author":"enterpriseam admin","date":"1 October 2019","format":false,"excerpt":"Egypt's tourism sector should claw its way back to its pre-crisis high-water mark by the end of this year, Tourism Minister Rania Al Mashat said during a Bloomberg TV interview yesterday (watch, runtime: 3:43). Al Mashat attributed the \u201cquite steep\u201d rebound in the industry to the legislative and administrative reforms\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595367,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/24\/thousands-of-thomas-cook-reservations-in-egypt-canceled-as-company-goes-bust\/","url_meta":{"origin":593158,"position":3},"title":"Thousands of Thomas Cook reservations in Egypt canceled as company goes bust","author":"enterpriseam admin","date":"24 September 2019","format":false,"excerpt":"Thousands of Thomas Cook reservations in Egypt canceled as company goes bust: Egypt could lose thousands of tourists after British travel group Thomas Cook yesterday went into liquidation. Local operator Blue Sky Group was expecting 100k tourists to visit Egypt via Thomas Cook in 2020 and has canceled 25k reservations\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626639,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/thomas-cook-targets-500k-tourists-to-egypt-in-2018\/","url_meta":{"origin":593158,"position":4},"title":"Thomas Cook targets 500k tourists to Egypt in 2018","author":"enterpriseam admin","date":"8 July 2018","format":false,"excerpt":"Thomas Cook is planning to bring in 500k tourists to Egypt this year from various countries, said Moudy El Shaer, chairman of Blue Sky Travel, which markets travel packages for Thomas Cook. 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