Back to the complete issue
Wednesday, 23 May 2018

Boeing looks at opening a regional office in Cairo

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.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.