Egypt travel warnings have relaxed, with the Foreign Office no longer advising against “all but essential travel”.

Nile cruises and holidays to Luxor are set to resume after the Foreign Office relaxed its stance on travel to the Egyptian city.

The Foreign Office made the decision based on “the improved situation on the ground”.

Thomas Cook and Tui Travel, Britain’s largest tour operators, will resume flights to Luxor next Wednesday, after nearly four weeks of cancellations.

Discover Egypt will begin flights from Manchester and Gatwick, and Red Sea Holidays will resume its Nile cruises on February 28.

Although welcoming the news on Egypt, a spokesperson for Thomas Cook said it would continue to monitor the situation and adhere to Foreign Office advice.

The unrest in Egypt had cost Thomas Cook and Tui £20m and £30m respectively.

The Foreign Office’s decision follows the resignation of President Mubarak last week and a subsequent easing of tensions in the country.

It is still advising against all but essential travel to Cairo, where the majority of protests have taken place, Suez and the Mediterranean port of Alexandria.

Operators have continued to offer holidays to Sharm el Sheikh and the Red Sea resorts throughout the crisis, although recently announced it is scrapping its entire summer schedule to the region.