Billionaire business tycoon Samih Sawiris, through his Raiffeisen Touristik (RT) Group, has acquired the German travel agency franchise system of Thomas Cook, after the latter reported a major drop in sales and we ...
Orascom Development Egypt (ODE) said Thomas Cook's bankruptcy has an "immaterial" effect on the former company's operations, yet the short-term impact is "minimal."
Thomas Cook Group plans to open two new hotels within a couple of months in El Gouna, Hurghada, notably Cook’s Club and Casa Cook, as popularity augments for the all-year-round destination among vacationers.
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