Misr Travel&Touris Egp6

    Misr Travel&Touris Egp6

    EEGX:MITR
    6.00
    EGP
    0.00
    (0.00%)
    Misr Travel&Touris Egp6
    EGX:MITR
    (Egyptian Exchange)

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    Misr Travel & Touris Egp6 (EGX: MITR) is an Egypt-based provider of comprehensive tourism, destination management, hospitality, and corporate travel services. Established in 1934 as Egypt's first licensed tour operator and operating as a subsidiary of the state-owned Holding Company for Tourism and Hotels (HOTAC) under the Ministry of Public Enterprises Sector, the company serves individual international travelers, tour groups, corporate clients, government delegations, and religious pilgrims. Misr Travel operates across several key travel and leisure divisions, offering incoming and outgoing packaged tours; cultural, historical, and classical archaeological sightseeing itineraries; luxury Nile River cruises, dahabiya charters, and Lake Nasser expeditions; religious tourism management, including comprehensive Hajj and Umrah pilgrimage programs; corporate travel management and domestic and international airline ticketing; Meetings, Incentives, Conferences, and Exhibitions (MICE) planning and event logistics; airport meet-and-assist and VIP protocol services; nationwide tourist transportation, motor coach chartering, and private limousine services; and domestic hotel and resort accommodation reservations. The company maintains an extensive operational presence across Egypt, with regional branch offices and service desks situated in key tourist hubs, including Cairo, Alexandria, Luxor, Aswan, Hurghada, and Sharm El-Sheikh, supplemented by overseas travel agency representations. In recent corporate developments, the Egyptian Exchange approved the temporary listing of Misr Travel's shares on the EGX Main Market in May 2026 as part of the Egyptian government's broader state-owned enterprise privatization and initial public offering initiative, reflecting an issued capital of EGP 125.77 million divided into 20.96 million ordinary shares with a par value of EGP 6.00 per share. In tandem with its capital market preparations, the company is implementing a comprehensive modernization and restructuring strategy overseen by HOTAC, encompassing the digital transformation of its central booking engines and customer-facing travel portals, alongside a fleet renewal initiative incorporating locally manufactured vehicles through partnerships with domestic producers such as El Nasr Automotive Manufacturing Company. Misr Travel is headquartered at Misr Travel Tower in Abbassia Square, Cairo, Egypt.