bankruptcy

Latin America’s largest airline LATAM files for bankruptcy in US
World

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

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

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

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

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

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

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

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…
Scandal-hit Weinstein Co. files for bankruptcy protection
World

Scandal-hit Weinstein Co. files for bankruptcy protection

The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm,…
Parliament approves first preliminary bankruptcy law
Egypt

Parliament approves first preliminary bankruptcy law

In an effort to improve Egypt’s ranking as an attractive market for investment, the Egyptian General Assembly in Parliament approved the…
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