Until March 20, daily passenger quotas will rise, and travelers arriving in Israel will not be obliged to stay in isolation hotels.
With other Arab airlines inaugurating flights to Israel, Egyptair is "coming out of the closet" and replacing its subsidiary and tripling the number of daily flights.
Israel's airport will reopen on Sunday for a limited number of passengers, and the exemptions committee will be dissolved, subject to approval of the full cabinet.
Between June and September, Royal Caribbean will offer three and seven night cruises from and back to Haifa via Cyprus and Greece.
The deal will generate cash flow of NIS 130 million for the Fattal group, which has reopened its hotels in Israel.
Share offerings and bank loans will ensure El Al's short-term survival but Israel's skies are unlikely to reopen until well into March.