Back to the complete issue
Sunday, 12 March 2017

Ismail cabinet to discuss possibly repealing entry visa price hikes this Wednesday

Tourism Minister has been taking some flak at the ITB Berlin Travel Expo this weekend over the government’s decision to raise entry visa prices to USD 60. Concerns about travel to Egypt were less about security and more about visa fees jumping to USD 60 from USD 25 and reflecting negatively on the sector, according to the South Sinai Governor Khaled Fouda, who attended the show. The Ismail cabinet will be discussing the hike — and the possibility of its repeal — during its weekly meeting on Wednesday, Tourism Minister Yehia Rashed told reporters at the ITB Berlin travel trade show this weekend, Germany’s fvw says. For their part, German MPs reportedly promised to lobby for the reduction of the departure tariff imposed on travel to Egypt, which is currently higher than other competing destinations, according to Al Shorouk.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.