“FTI Group”, in which Egyptian millionaire Samih Sawiris holds a 75.1% majority stake, has declared bankruptcy. As the third-largest travel group in Europe, this announcement marks significant challenges in the tourism sector, which had been experiencing a recovery following the COVID-19 pandemic.

The bankruptcy filing was submitted to the Munich Regional Court, highlighting severe financial pressures, including supplier demands for advance payments that exceeded the company’s financial capabilities.

The company was forced to make difficult decisions regarding the cancellation or partial completion of scheduled trips starting from June 4, threatening to disrupt the summer travel season for thousands of travelers.
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#Bankruptcy #COVID_19_Pandemic #Egypt #Europe #Munich_Regional_Court #Samih_Sawiris #Tourism

11,000 tourists were exposed to a strange situation upon their arrival in Egypt through the European tourism company “FTI”, as the company declared bankruptcy as soon as tourists arrived in Cairo without paying the dues of Egyptian hotels and facilities.

According to the Egyptian authorities, the number of tourists at tourist sites dropped from 11,000 to less than 5,000 after the bankruptcy was declared.

The company, Europe’s third-largest tourism organization, filed for bankruptcy in a Munich court in Germany over large debts.

European media revealed that a famous Egyptian billionaire owns 75% of the company’s shares, and the company received German government aid worth 595 million euros during the Corona crisis, in addition to significant support from the Egyptian billionaire in 2020.
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#Austria #Bankruptcy_of_a_tourism_company #Egypt #Egypt_News #German_tourists #Ministry_of_Tourism #Tourism_in_Egypt

Head of the Consular Department of the Russian Foreign Ministry, Alexei Klimov, announced ongoing negotiations between Russia and nine countries with the aim of mutual cancellation of entry visas.

According to Klimov, the agreements concluded over the past four years with more than 65 countries have entered into force, allowing citizens of these countries to enter Russia without a visa.

The countries concerned with the new discussions include Zimbabwe, Bahrain, Kuwait, the Sultanate of Oman, Saudi Arabia, and Malaysia, in addition to Myanmar, and negotiations are also underway with China to ease restrictions on tourist delegations.
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#Bahrain #Alexey_Klimov #Kuwait #Malaysia #Russia #Russian_Ministry_of_Foreign_Affairs #Saudi_Arabia #Sultanate_of_Oman #Tourism #Zimbabwe

A video clip documenting the assault of a Turkish man on a 7-year-old Tunisian child sparked widespread controversy in Türkiye.

watch the video 🌐

The incident occurred in a shopping store in Istanbul after a dispute between the child and the man’s daughter in a nearby park.

The video spread on social media and showed the man hitting the child on the head, threatening to kill him, and directing insults at him, including, “There is no doubt that you are Syrian!”
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#Istanbul #Syrian_Refugees #Tourism_in_Turkey #Tunisia #Tunisia_News #Turkey #Turkey_News

Algeria announced the resumption of train services to Tunisia, starting this summer, after a thirty-year hiatus.

The Superintendent of Security and Operational Activity at the General Directorate of Algerian Customs, Abdel Nasser Khantot, told national radio that these trips were programmed to enhance tourism movement between the two countries.

Khantot explained that Algerian customs prepared for this step in coordination with the border police and the National Railway Transport Company, to ensure facilitating the passage of travelers through the Souk Ahras International Station, which was equipped for this purpose.
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#Algeria #Algerian_Customs #National_Railway_Transport_Company #Souk_Ahras_International_Station #Tourism #Train #Tunisia #Tunisian_Police

The Algerian Minister of Tourism and Traditional Industry, Mokhtar Didouche, revealed that 3.3 million tourists visited Algeria in 2023.

The same minister explained in his speech, on the occasion of National Tourism Day, that last year witnessed a large influx of tourists, including 2.2 million foreign tourists.

The Minister explained in a speech, during the National Tourism Day under the slogan “Purposeful Media… for Pioneering Tourism,” read on his behalf by the Director of the Tourism Minister’s Office, that the dynamism that the tourism sector knows, especially what is related to encouraging investment, improving services, and digitization, is bearing fruit and contributing to Active movement in all states, especially in the desert and coastal seasons.
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#Algeria #Algeria_News #National_Tourism_Day #Tourism_in_Algeria

The Moroccan Ministry of Tourism announced that the number of tourists arriving to Morocco in the first six months of this year increased by 14% on an annual basis, and the number of tourists reached 7.4 million.


The ministry explained that Morocco received an unprecedented number of 14.5 million tourists last year and aims to attract 17.5 million tourists next year and 26 million tourists by 2030, when it co-hosts the FIFA World Cup finals with Spain and Portugal.

The Ministry confirmed that tourism represents about 7% of Morocco’s gross domestic product and is a major source of foreign currency.

She noted that tourism revenues rose by 1.6% during the first five months of this year, reaching $4.13 billion.
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#Fatima_Zahraa_Ammor #Moroccan_Ministry_of_Tourism #Morocco #Portugal #Spain #Tourism_in_Morocco #Tourism_Sector

The British Foreign Office has issued a new warning to British citizens who are in Morocco or who plan to visit it soon.

Morocco is considered a favorite destination for Britons to spend holidays, but this is the second warning of its kind within six months and comes due to potential risks.

The Ministry recommended that British citizens avoid participating in political demonstrations that may erupt suddenly and sometimes get out of control.

The Ministry warned of the danger of terrorism, noting that places frequented by tourists and foreigners may be targeted. Therefore, the Ministry called for caution in tourist areas and places of public gatherings.
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#Britain #British_Foreign_Office #Fraud #Morocco #political_demonstrations #Terrorism #Tourism_in_Morocco

Morocco was able to attract 7.4 million tourists during the first half of this year, surpassing Egypt in attracting tourists to top the list of tourist destinations in North Africa.

According to the latest statistics issued by the tourism ministries in the region, Morocco achieved an increase in the number of tourists by 14% compared to the same period last year, and Egypt came in second place with a total of 7.069 million tourists, followed by Tunisia with four million tourists.

The Moroccan Minister of Tourism, Fatima Zahraa Ammor, stressed the remarkable growth in tourism sector revenues, recording an increase of 1.6% during the first five months of the year, with a total of $4.13 billion.
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#Egypt #Fatima_Zahraa_Ammor #Moroccan_Economy #Moroccan_Ministry_of_Tourism #Morocco #Rabat #Tourism