Sharm el Sheikh resort town - Reuters
CAIRO – 27 April 2020: The Ministry of Tourism and Antiquities revoked on Monday the license of a hotel in Sharm El-Sheikh for laying off workers, ignoring the instructions on keeping the trained hospitality employees to not cause harm to the tourism sector in Egypt.
The ministry indicated in a press statement that the decision comes within a bundle of measures taken by the state to protect workers from lay-off and pay cuts.
The ministry also shut off two restaurants in Greater Cairo for not abiding by the rules aimed at protecting workers, and for allowing crowdedness inside the place.
On April 23, the Cabinet allowed restaurants, cafes, shopping malls, and stores to operate on weekends, and close at the same time as weekdays that is 5p.m. It also allowed the take-away service until 5p.m. as only the delivery service was permitted 24/7. The partial curfew hours were reduced by one hour to take place from 9p.m. until 6a.m.
The Central Bank of Egypt (CBE) is offering LE50 billion in loans to the tourism sector which is exempted from real estate tax for 3 months.
The measures, announced to support companies and businesses to alleviate the crisis, include real estate tax exemption for 3 months, paying the fees of tax statement reports over 3 installments until June 30, and removing holds on bank accounts of default investors if they pay 10 percent of the debt.
CAIRO - 7 April 2020: The Egyptian Armed Forces held on Tuesday a conference that was attended by President Abdel Fatah al-Sisi, Prime Minister MostafaMadbouly, and several ministers to highlight its contributions in the protective efforts against COVID-19, and the exceptional measures to alleviate the impact of the crisis.
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