The UAE and Egypt have agreed to establish a phased framework for the gradual expansion of air services between the two countries to meet growing demand for passenger traffic, create new opportunities for airlines and further boost economic ties.
The decision to expand air connectivity over the next five years reflects the depth of the bilateral relations between the two countries and move to strengthen cooperation in the aviation sector.
The announcement comes on the sidelines of the 11th Edition of ICAO AFI Week in Cairo, where the agreement was signed by Saif Mohammed Al Suwaidi, Director General of the UAE General Civil Aviation Authority (GCAA), and Captain Sameh Fawzy, President of the Egyptian Civil Aviation Authority (ECAA).
"The phased expansion of air traffic rights will support the aviation sector, promote tourism, the economy, and investment, and further advance the distinguished economic partnership between our two countries to even greater levels of growth and prosperity," highlighted Abdulla Bin Touq Al Marri, UAE Minister of Economy and Tourism and Chairman of the Board of GCAA.
Dr. Sameh Ahmed El Hefny, Minister of Civil Aviation of Egypt, said it "marks another important milestone in the longstanding cooperation between Egypt and the UAE in the field of civil aviation".
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need
Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?