bankruptcy
Sawiris’ largest company in Europe files for bankruptcy
Main Slider
June 7, 2024
Sawiris’ largest company in Europe files for bankruptcy
FTI Group, the third-largest tour operator in Europe, has filed for bankruptcy with the Munich District Court. The company, majority-owned…
Lebanon declares bankruptcy, government appeals to stop losses
Business
April 4, 2022
Lebanon declares bankruptcy, government appeals to stop losses
Deputy Prime Minister of the Lebanese Government Saadeh al-Shami announced on Monday “the bankruptcy of the state and the…
Latin America’s largest airline LATAM files for bankruptcy in US
World
May 26, 2020
Latin America’s largest airline LATAM files for bankruptcy in US
Latin America’s largest airline LATAM filed for bankruptcy in the US on Tuesday, the company said in a statement, following…
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt
Business
October 3, 2019
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt
Tourism Minister Rania al-Mashat met on Wednesday with Sebastian Ebel, CEO of the travel agency TUI Group in the MENA…
Impact of Thomas Cook bankruptcy on Egypt ‘very limited’: tourism experts
Travel
September 26, 2019
Impact of Thomas Cook bankruptcy on Egypt ‘very limited’: tourism experts
Experts in the tourism and hotel industry sector said that the collapse of the British branch of the Thomas Cook…
Eight hundred stranded British tourists leave Hurghada Airport following Thomas Cook bankruptcy
Travel
September 25, 2019
Eight hundred stranded British tourists leave Hurghada Airport following Thomas Cook bankruptcy
Eight hundred British tourists whose reservations were canceled due to the bankruptcy of the travel agency Thomas Cook left Hurghada…
Britain’s CAA to return Thomas Cook’s British tourists from Egypt
Egypt
September 23, 2019
Britain’s CAA to return Thomas Cook’s British tourists from Egypt
The British Civil Aviation Authority, an English government body, will regulate the departure of tourists from Egypt, according to the…
Turkey building boom turning to bust as economy slows
Middle East
January 9, 2019
Turkey building boom turning to bust as economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage — hundreds of luxury houses built in…
Egyptian pharmacist saves church in Canada from closure
Egypt
January 4, 2019
Egyptian pharmacist saves church in Canada from closure
An Egyptian immigrant pharmacist in Canada rescued the 131-year-old Huron County Church from closure due to bankruptcy and lack of…
Sears, the once-mighty US retailer, files for bankruptcy
World
October 16, 2018
Sears, the once-mighty US retailer, files for bankruptcy
Sears, an anchor of retail life for generations of Americans, filed for bankruptcy on Monday and said it was…