By Akram Medhat
Ashraf Shiha, chairman of Al Tayyar Travel Group in Egypt, said that the activity of the group's companies in the tourism and tourist transport industry is ongoing and regular and has not been affected by Saudi Arabia's decision to detain Nasser Al Tayyar, the group's founder, as he is a non-executive board member and only one of the shareholders. Al Tayyar Holding is listed on the Saudi stock exchange, so any impact may be on the trading of its shares and not on its investments.
Shiha told Travel Yalla News that the group in Egypt has 7 companies, all of them Egyptian joint-stock companies that enjoy full independence in management and are strongly backed by Saudi Arabia, namely: Al Tayyar Holidays Travel Group, Nile Holiday Tourism, Al Hanouf Tourism, Ay Al Tayyar Tours, Ay Al Tayyar Tourism, Al Tayyar Car Rental (tourist transport and limousine), and Al Tayyar Shipping and Customs Clearance.
