The TUI executive board welcomes the fact that Egyptian investor Mr Hamed El Chiaty has become a shareholder of TUI AG.
TUI chief executive Dr Michael Frenzel said on the sidelines of the International Tourism Fair (ITB) in Berlin: “This investment in our company is proof of the faith in TUI’s growth prospects. We have gained in Mr Hamed El Chiaty a shareholder who has been associated with our company for very many years.