Egypt to privatize airports, starting with Hurghada
Egypt will offer Hurghada International Airport to private operators by year-end, marking the country's first airport privatization, according
Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reported that in the first half of 2024, Egyptian exports to Germany totaled $463 million, up 11% from $417 million during the same period in 2023. Egyptian imports from Germany also rose, reaching $2 billion in the first half of 2024, a 5.3% increase from $1.9 billion in the first half of 2023. Overall trade between the two countries grew by 4.2%, totaling $2.5 billion compared to $2.4 billion the previous year.
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