{"id":581293,"date":"2023-02-07T00:00:00","date_gmt":"2023-02-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/"},"modified":"2023-02-07T00:00:00","modified_gmt":"2023-02-07T00:00:00","slug":"more-private-sector-involvement-in-the-aviation-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/","title":{"rendered":"More private-sector involvement in the aviation industry?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">TRANSPORT- <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Egypt\u2019s aviation sector could see more private-sector involvement:<\/span><span style=\"\"> State-o<\/span><span>wned flag carrier EgyptAir will work more closely with private-sector airlines as the government looks to attract private investment into the sector, Civil Aviation Minister Mohamed Abbas <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3wYbtpB\" style=\"\">said<\/a><\/span><span style=\"font-weight:400;\"> yesterday. This came during a meeting between the heads of private-sector aviation companies and ministry officials yesterday.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">No plans to privatize EgyptAir:<\/span><span> The cabinet last week <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/01\/29\/egyptair-not-for-sale-small-scale-solar-projects-get-a-break-94685\/\" style=\"\">denied<\/a><\/span><span style=\"font-weight:400;\"> having plans to sell off the company in response to rumors circulating online.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DEBT WATCH - <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Hyde Park Developments in talks with NBE for EGP 3.5 bn loan:<\/span><span style=\"\"> <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hydeparkdevelopments.com\/\" style=\"\">Hyde Park<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.hydeparkdevelopments.com\/\" style=\"\">Developments<\/a><\/span><span style=\"\"> <\/span><span>is seeking a EGP 3.5 bn loan from the National Bank of Egypt (NBE) to finance two of its <\/span><span>residential projects, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.asharqbusiness.com\/article\/46850\/%D9%87%D8%A7%D9%8A%D8%AF-%D8%A8%D8%A7%D8%B1%D9%83-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B3%D8%B9%D9%89-%D9%84%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6-35-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D9%85%D9%86-%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%8A-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A\/\" style=\"\">Asharq Business<\/a><\/span><span style=\"font-weight:400;\"> reports, citing banking sources it says have knowledge of the deal. Some EGP 1.2 bn would be used to finance the state-owned developer\u2019s Sixth of October project, with the remaining EGP 2.3 bn to be directed to the company\u2019s North Coast project. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AGRICULTURE-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Gov\u2019t to increase cultivation of oilseed crops amid localization push: <\/span><span style=\"\">The <\/span><span>government plans to more than triple local production of soybeans and sunflowers by 2024 in a bid to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/industries\/the-latest-beneficiary-of-our-localization-push-vegetable-oils\/\" style=\"\">localize the vegetable oil industry<\/a><\/span><span>, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0McHrzdUiJrizETPkAWqgaKsMaTWoHJTxAbDJAEJr5YUBorTQK1yENsFwXsWQWd6zl\" style=\"\">a cabinet statement<\/a><\/span><span style=\"font-weight:400;\"> yesterday. The area used to cultivate soybeans will rise to 500k acres in 2024 from 150k this year, while acreage used for sunflowers will grow to 250k from 90k, Prime Minister Mostafa Madbouly said in a cabinet meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">TELECOMS-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Eh? Network quality has improved? <\/span><span style=\"\">The number of areas of the <\/span><span>country affected by mobile voice quality issues was down 34% y-o-y in 4Q 2022, while the number experiencing mobile data quality problems fell 41%, according to the National Telecommunications Regulatory Authority\u2019s (NTRA) <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3DMwh7r\" style=\"\">quarterly complaints report<\/a><\/span><span>. Mobile internet use was up nearly fourfold y-o-y for the quarter, <\/span><span style=\"\">while callers made some 3 bn calls using voice-over-<\/span><span style=\"font-weight:400;\">LTE (VoLTE) technology, a 3x jump over the same period last year. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRANSPORT- Egypt\u2019s aviation sector could see more private-sector involvement: State-owned flag carrier EgyptAir will work more closely with private-sector airlines as the government looks to attract private investment into the sector, Civil Aviation Minister Mohamed Abbas said yesterday. This came during a meeting between the heads of private-sector aviation companies and ministry officials yesterday. No [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":581294,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,528,214,88,880,72,83,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-aviation","tag-cit","tag-debt-watch","tag-egyptair","tag-enterpriseam","tag-real-estate","tag-transport","wpautop","entry"],"acf":{"mongo_id":"afda09a0-47db-4e9c-99f3-4a162a09db15","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/egyptair-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581271],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/2\/.1cad4a92-0fc0-48d8-8787-032eba08c636.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More private-sector involvement in the aviation industry? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More private-sector involvement in the aviation industry?\" \/>\n<meta property=\"og:description\" content=\"TRANSPORT- Egypt\u2019s aviation sector could see more private-sector involvement: State-owned flag carrier EgyptAir will work more closely with private-sector airlines as the government looks to attract private investment into the sector, Civil Aviation Minister Mohamed Abbas said yesterday. This came during a meeting between the heads of private-sector aviation companies and ministry officials yesterday. No [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-07T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/egyptair-1600px.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More private-sector involvement in the aviation industry?\",\"datePublished\":\"2023-02-07T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/\"},\"wordCount\":320,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/egyptair-1600px.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"aviation\",\"CIT\",\"debt watch\",\"EgyptAir\",\"EnterpriseAM\",\"real estate\",\"transport\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/07\/more-private-sector-involvement-in-the-aviation-industry\/\",\"name\":\"More private-sector involvement in the aviation industry? 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Plus: Egypt-Saudi interconnector and news from EgyptAir and CIB","author":"enterpriseam admin","date":"1 March 2023","format":false,"excerpt":"COMMODITIES-The Supply Ministry is stocking up on imported poultry + rice ahead of Ramadan: The Supply Ministry is planning to import fresh quantities of frozen poultry over the coming few days, and rice over the next few weeks, as it prepares for spike in demand during Ramadan, Al Mal quotes\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/poultry-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569479,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/egyptair-consortium-tapped-by-nigeria-to-help-overhaul-aviation-industry\/","url_meta":{"origin":581293,"position":1},"title":"EgyptAir consortium tapped by Nigeria to help overhaul aviation industry","author":"enterpriseam admin","date":"25 February 2020","format":false,"excerpt":"Nigeria has selected an EgyptAir-led consortium to set up an aircraft leasing company as part of a plan by the African country\u2019s government to develop its neglected aviation sector, reports Reuters. The new company will start with leasing planes from international lessors, and then leasing them on domestic flight operators.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579175,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/29\/egyptair-not-for-sale-small-scale-solar-projects-get-a-break\/","url_meta":{"origin":581293,"position":2},"title":"EgyptAir not for sale + small-scale solar projects get a break","author":"enterpriseam admin","date":"29 January 2023","format":false,"excerpt":"AVIATION + PRIVATIZATION-EgyptAir isn\u2019t up for sale: The government has no plans to sell the national flag carrier, the cabinet said in a statement in response to rumors circulating on social media and some media outlets last week.ENERGY- More solar producers exempted from integration fees: The Egyptian Electric Utility and\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/483.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596980,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/egypt-elected-member-of-international-air-transport-association-for-the-first-time\/","url_meta":{"origin":581293,"position":3},"title":"Egypt elected member of International Air Transport Association for the first time","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"Egypt has been elected as a member of the International Air Transport Association\u2019s (IATA) board of governors for the first time ever, according to a Civil Aviation Ministry statement. Ahmed Adel, head of the EgyptAir Holding Company, will serve a three-year term on the board.","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597326,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/egyptair-begins-new-flights-between-douala-and-cairo\/","url_meta":{"origin":581293,"position":4},"title":"EgyptAir begins new flights between Douala and Cairo","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"EgyptAir began yesterday operating its new flight route to Douala, Cameroon, MENA reports. 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