The Civil Aviation Ministry is looking to arrange EGP 400 mn to fund infrastructure projects at the Airport City project, Minister Sherif Fathy tells Al Shorouk. The ministry plans on completing the infrastructure works before putting up the project for a tender once again, according to Fathy. The tender had been postponed earlier this year after no companies applied as utilities to the project’s site were not provided.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…