Samih Sawiris Takes Over German Thomas Cook

• Sunday, 8th December 2019
• by Sara Mohamed

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 ...

Thomas Cook’s Bankruptcy Has Minimal Impact on Orascom

• Tuesday, 24th September 2019
• by Invest Gate

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 to Soon Debut 2 New Hotels in El Gouna

• Wednesday, 26th June 2019
• by Invest Gate

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.

Orascom Hotels, Thomas Cook Ink Deal for New Hotels in El Gouna

• Wednesday, 19th December 2018
• by Invest Gate

Orascom Development Holding's hotel subsidiary Orascom Hotels Management (OHM) inked on December 19 an agreement with global travel company Thomas Cook Group to establish a new beachfront hotel property in El Goun ...

Thomas Cook Mulls Resuming Flights to Egypt

• Thursday, 28th September 2017
• by Invest Gate

British travel agency Thomas Cook unveiled plans to resume flights to Egypt in the near future

Thomas Cook to Open 1st Hotel in UAE

• Monday, 10th July 2017
• by Menna A. Farouk

British global travel company, Thomas Cook, announces the opening of its first brand hotel in the United Arab Emirates later this year.