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FINANCIAL NEWS
Egypt earns USD2b from aviation division
11 Mar 2016
(MENAFN) The thriving aviation sector has been bringing incomes worth a whopping USD2 billion to Egypt, according to the latest reports.
The figure accounts for 1.2pct of Egypt’s gross domestic product, plus the aviation sector provides also 197,000 job openings for youths in Egypt.
The country is currently working hard to overcome obstacles facing the aviation sector in Egypt and all African nations after the recent terrorist attacks.
The Middle Eastern nation revealed its willingness to collaborate and exchange expertise with all African countries in the field of airport safety and security.
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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