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Thursday, 13 October 2022

UAE eyes establishing logistics hub at an Egyptian airport

The UAE reportedly wants to set up a logistics hub at one of our airports: A consortium that includes several unnamed Emirati companies is reportedly looking at establishing a large-scale logistics hub at an unspecified Egyptian airport, Al Mal reports, citing sources it says have knowledge of the matter. The potential logistics zone would serve air freight cargo. A ministry spokesperson did not answer inquiries from Enterprise before dispatch time this morning.

No concrete plan yet: Sources close to the Emirati side are cited as saying the plan is under consideration between high-level officials from the two countries. They expect to prepare and present an official offer in the coming period ahead of beginning feasibility studies. No final decision has been made on which airport would host the zone.

ON A RELATED NOTE- Civil Aviation Minister Mohamed Abbas held talks with a UAE delegation regarding cooperation and boosting investments in air transport earlier this week, according to a statement.

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