INVESTMENT WATCH- Boeing looks at opening regional office in Cairo: Speaking of cooperation with the private sector, Boeing is considering forming a JV with a “sovereign entity” which could see it open its first North Africa office in Cairo, says Boeing MENA President Bernard Dunn, according to Al Shorouk. President Abdel Fattah El Sisi had met with Boeing International President Marc Allen in Cairo last month to discuss potential plans to use Egypt as a regional hub for the company’s maintenance operations, as well as to upgrade national flag carrier EgyptAir’s fleet. Egypt has been a major customer for the company in recent years, with EgyptAir having bought nine 737-800 Next-Generation aircrafts last year for USD 864 mn.
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