Sphinx International Airport near the Giza pyramids will open in mid-July, cabinet said in a statement yesterday. The airport is part of the state’s plans to boost tourist arrivals and provide easier access to archaeological sites such as the pyramids and the new Grand Egyptian Museum. An expansion of the airport, which began pilot operations in January 2020, will raise its capacity to 900 passengers per hour, Civil Aviation Minister Mohamed Manar said during the weekly cabinet meeting.

Approved in yesterday’s meeting:

  • An EUR 83 mn loan from the African Development Bank, agreed last year, to help finance the second phase of the government’s Electricity and Green Growth Support Program;
  • An EUR 600k grant from the European Bank for Reconstruction and Development to help finance Alexandria’s Abu Qir metro project.