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GCC companies bid for Egypt’s first airport privatisation
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GCC companies bid for Egypt’s first airport privatisation
GCC and European companies and consortia have reportedly submitted bids to manage Hurghada International, Egypt’s second-busiest airport by passenger traffic. The government plans to complete within the next two months a review of detailed proposals submitted by the private sector, Saad Sabra, country manager at the International Finance Corporation, told Saudi TV news channel Al Arabiya. The civil aviation ministry engaged IFC in March 2025 to …
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