The Egyptian Holding Company for Airports and Air Navigation (EHCAAN) received two bids from Japanese companies to build the planned new terminal at Borg El Arab Stadium near Alexandria, Chairman Ahmed Genena said, according to Al Shorouk. The winning bid will be chosen in a month. The new terminal will span 34k sqm and will raise the airport’s capacity to about 6 mn passengers annually.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…