Thomas Cook, One of the most established Travel Agencies worldwide, had announced its bankruptcy several months earlier. Thomas Cook’s liquidation resulted in the cancellation of 25,000 booked reservations in Egypt.

Samih Sawiris aquired the travel giant through Raiffeisen Touristik (RT) Group owned by him.

Sawiris is head of Orascom Development based in Egypt. He is also credited with founding El Gouna, a luxurious Egyptian resort town located near Hurghada, and several other real estate projects all over Egypt.

If you wish to know more about what’s available in the real estate market, you can visit us on our website Cooing Estate and take a look at our wide selection of exclusive homes,  click on#AskCooing or call us on +201022088888