The Egyptian Travel Agents Association (ETAA) restored $4.750m from foreign companies that stopped paying their dues to the Egyptian companies in the last year.
According to a financial statement by the association, the ETAA concluded settlement agreements with a number of foreign companies to pay the dues of Egyptian companies. As a result, it lifted these companies from the black list.
“The Egyptian Travel Agents Association prohibits its members to deal with foreign companies that have stopped paying the dues of any member company of the association in order to guarantee that the latter will obtain their due amounts,” the statement read.
The …read more
Source: Daily News Egypt