Bloomberg News

Egypt Tourism Authority to Withdraw Some Land from Investors

January 05, 2012

Jan. 5 (Bloomberg) -- Egypt’s General Authority for Tourism Development plans to withdraw some land allocated to companies that breached terms of their contracts, the Tourism Ministry said in an e-mailed statement today.

--With assistance from Ola Galal in cairo. Editor: Andrew J. Barden

To contact the reporter on this story: Abdel Latif Wahba in Cairo at alatifwahba@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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