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.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…