The number of passengers traveling to Egypt from German airports rose 69.1% y-o-y in 2017 to 1.39 mn passengers, according to the German Federal Statistics Office. The increase comes as Germany’s outbound tourism reached a new all-time high in 2017, driven in part by a 35.2% boom in air traffic to African countries, including Morocco.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…