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#civil aviation

The authorized share capital of EgyptAir Holding Company has witnessed an increase to EGP 10 billion (USD 323 million), along with a corresponding rise in the number of shares. The value of each share has increased to EGP 1,000 (USD 32.3), as per the decision of the Minister of Civil Aviation, No. 1250 for the year 2023, published in the official gazette on Saturday, 20 January. The decision comes in an effort to mitigate the recent downfall of the country’s…