Ahmed Saad

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EHCAAN self-finances Airports City infrastructure

The Egyptian Holding Company for Airports and Air Navigation (EHCAAN) has begun studying to self-finance the Airports City infrastructure, having earlier postponed offering the project to construction companies. Chairperson of the EHCAAN Mohamed Saeed told Daily News Egypt that the company intends to carry out the project over several phases to ease the financial burden, …

Ahmed Saad

Blue Sky Travel Agency loses quarter of its revenues in 2016

Hossam El-Shaer, chairperson of Blue Sky Travel Agency, said that the company’s revenues dropped by a quarter in 2016 compared to 2015. He attributed the fall to the low tourism inflow from Europe, following the tragic incident of the Metrojet Russian airliner crash at the end of October 2015. The incident has prompted Russia to …

Ahmed Saad

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