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30 May, 2025
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El-Sisi Calls for Increased Efforts to Restore Gaza Ceasefire in Meeting with Hungarian Speaker
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Tag: EgyptAir

EgyptAir to get over $300m financing from government to cover financial obligations

December 28, 2021 Peter Mulvany

The Egyptian President Abdelfattah Al Sisi has authorized the ministry of Finance to provide a financial support worth about $3118 million for the national carrier, EgyptAir, to be used by the airline to fulfil external and internal financial obligations, Arab Read more

Headlines, World NewsAbdelfattah al-Sisi, aviation, Banque Misr, Egypt, EgyptAir, National Bank of Egypt

Egypt loans national carrier EgyptAir $191m to finance external debt

September 30, 2020September 30, 2020 Peter Mulvany

Egypt has approved a financing request of EGP 3 billion (about $191 million) by national carrier EgyptAir to be used to pay external debt, reports say. The Central Bank of Egypt will release the funds in form of loan, state-run Read more

Finance, HeadlinesCentral Bank of Egypt, Egypt, EgyptAir, IATA, Mohamed Rushdi Zakaria, pandemic

Gulf Crisis: EgyptAir posts heavy losses over ban on flights to Qatar

November 28, 2018 KanelkaTagba

Egypt’s national flag carrier EgyptAir has revealed that the ongoing blockade imposed by the North African country, Saudi Arabia, United Arab Emirates (UAE) and Bahrain on Qatar over its alleged support for terrorism has created a significant dent in the Read more

Headlines, World NewsBahrain, Egypt, EgyptAir, Qatar, Saudi Arabia, Terrorism, United Arab Emirates

Egypt: EgyptAir Acquires 9 Boeing Planes

July 14, 2016 Jaber Ali

The Egyptian national carrier announced Wednesday acquisition of nine Boeing planes in an attempt to beef up its fleet at a time the airline is challenged by aviation incidents. The deal, worth $864 million, is mostly sponsored by the United Read more

Headlines, World NewsBoeing, Cairo, Cyprus, Dubai, Egypt, EgyptAir, Larnaca airport, Safwat Musallam, The Gulf country, the United Arab Emirates

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