Arab News

Egypt puts off raising entry visa fee for visitors

Britain agrees $150m loan guarantee

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season approaches.

The officials spoke late Saturday on condition of anonymity because they were not authorized to brief the media.

Egypt’s vital tourism industry has been decimated after militants downed a Russian airliner over the Sinai Peninsula in October 2015, killing all 226 people on board.

The sector has, however, shown signs of slow recovery since the beginning of the year. Egypt, where Boris Johnson was on his first visit to the country as foreign secretary.

In a statement, the Foreign Office said Johnson and President AbdelFatta­h El-Sisi discussed British support for Egypt’s economy including joint work on aviation security, anti-terrorism efforts and work to resolve regional conflicts especially in Libya and Syria, adding that human rights and the benefits of a free society to promote stability and economic growth were mentioned.

“The UK and Egypt have many shared interests, we are Egypt’s top economic partner and strong allies against terrorism and extremist ideas,” Johnson said in the statement. “I look forward to continuing to strengthen the close relationsh­ip between our two countries.”

Britain also pledged to boost university partnershi­ps and teacher training, increase funding of economic developmen­t and social welfare programs, and increase funding new and existing social startups.

Egypt is undergoing painful economic adjustment­s as part of El-Sisi’s economic reform measures, with inflation hitting 30 percent in January.

 ??  ?? Egypt’s vital tourism industry has been decimated after militants downed a Russian airliner over the Sinai Peninsula in October 2015, killing all 226 people on board. (Reuters)
Egypt’s vital tourism industry has been decimated after militants downed a Russian airliner over the Sinai Peninsula in October 2015, killing all 226 people on board. (Reuters)

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