Learn How To Make Money From Home Using Your Smartphone In 2025
By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AfricaNews360AfricaNews360
  • Politics
    PoliticsShow More
    Ugandan opposition leader Bobi Wine leaves the country after two months of hiding
    March 14, 2026
    Ghanaian Court annuls 2024 Parliamentary Election over irregularities
    November 24, 2025
    The future is African – Ghana President declares at UN Assembly
    September 26, 2025
    Burkina Faso to ‘street honour’ late Ghanaian President Jerry John Rawlings
    May 19, 2025
    Burkina Faso honours late president Thomas Sankara with memorial park
    May 19, 2025
  • Business
    BusinessShow More
    President Donald Trump, left, and Chinese President Xi Jinping, right, pose for photo before their US-China summit at Gimhae international airport in Busan, South Korea, on October 30, 2025 [Mark Schiefelbein/AP Photo]
    Trump says China’s Xi Jinping agreed to accelerate purchases of US goods
    November 26, 2025
    Ghana, Dalian deepen bilateral ties to boost education, culture and trade
    November 13, 2025
    Ghana secures additional $28m grant from China for infrastructure projects
    October 17, 2025
    Ghana’s President Mahama seeks investment partnerships during Singapore visit
    August 25, 2025
    Ghana’s Tourism Minister commends Emirates at grand opening of Travel Store
    May 15, 2025
  • Showbiz
    ShowbizShow More
    Davido releases ’10 Kilo’ Music Video
    August 13, 2025
    Nigerian Star Davido’s Foundation supports 500 orphanages in annual Charity drive
    February 13, 2025
    Nigerian president Tinubu celebrates Nollywood icon Nkem Owoh ‘Osuofia’ at 70
    February 8, 2025
    Burkina Faso’s Bissa music sensation Eunice Goula drops new Banger ‘Mariage’
    September 25, 2024
    Kenya’s president hosts national music festival
    August 16, 2024
  • Sports
    SportsShow More
    Carlos Queiroz unveiled as new Black Stars head coach
    Portuguse tactician Carlos Queiroz unveiled as new Black Stars Coach ahead of World Cup
    April 24, 2026
    Lamine Ndiaye, USM Alger coach
    USM Alger coach Ndiaye warns of ‘tough battle’ against Zamalek in CAF Confederation Cup final
    April 20, 2026
    CAF strips Senegal of AFCON Crown
    March 17, 2026
    Ghana sports journalist criticises lack of national museum during IShowSpeed visit
    January 28, 2026
    Salim Lawal signs for FC Viktoria Plzeň 
    OFFICIAL: Nigerian forward Salim Fago Lawal signs for FC Viktoria Plzeň 
    January 27, 2026
  • Biographies
    BiographiesShow More
    Michael Gallup Bio, Age, Net Worth, Height, Parents, Siblings, Wife, Children
    July 25, 2024
  • Columns
    ColumnsShow More
    Ghana Government does not subsidize Hajj Pilgrims: Debunking the myth with facts
    March 7, 2025
    Full Speech: South African president’s address at first G20 Foreign Ministers’ meeting 2025
    February 22, 2025
    Ing. Abdullah Mohammed Billey: The Ghanaian road expert victimised for political reasons by the ousted Government
    February 3, 2025
    Ghana President Mahama’s speech at Africa Prosperity Dialogues 2025
    February 2, 2025
    An American opinion on the impending NDC Government structure
    December 17, 2024
  • Travel
    TravelShow More
    Ghana’s Tourism Minister commends Emirates at grand opening of Travel Store
    May 15, 2025
    Thousands of Ethiopian diaspora heed PM’s call to ‘come home’
    May 2, 2024
    Malawi and Ghana sign visa waiver agreement to enhance bilateral ties
    March 21, 2024
    Ghana signs visa waiver agreement with Bahamas
    February 22, 2024
    Malawi scrapes visa restrictions for 79 countries
    February 9, 2024
  • Editorial
    EditorialShow More
    FEATURE: Kigali City- A glittering jewel of Africa
    September 2, 2023
    All eyes on INEC as Nigeria decides
    February 26, 2023
    Feed Africa Summit: Continent Plans to Achieve Zero Hunger by 2030
    January 25, 2023
    Africa must speak with one voice at COP27
    November 8, 2022
    Nigerian headteacher sentenced to death after pupil’s murder
    July 28, 2022
  • World
    WorldShow More
    UK and Nigeria sign agreement to speed up deportation
    March 20, 2026
    Robert Prevost
    American prelate Robert Prevost elected New Pope
    May 9, 2025
    Rwanda cuts diplomatic ties with Belgium amid Congo conflict tensions
    March 17, 2025
    ICC issues arrest warrants for Israel’s Benjamin Netanyahu, Ibrahim Al-Masri
    November 21, 2024
    Voting underway in US as Donald Trump faces Kamala Harris for presidency
    November 5, 2024
Reading: Egypt presidency buys new plane for $500m, triggers controversy
Share
Notification Show More
Latest News
Carlos Queiroz unveiled as new Black Stars head coach
Portuguse tactician Carlos Queiroz unveiled as new Black Stars Coach ahead of World Cup
April 24, 2026
Lamine Ndiaye, USM Alger coach
USM Alger coach Ndiaye warns of ‘tough battle’ against Zamalek in CAF Confederation Cup final
April 20, 2026
Ghana’s Mahama leads tribute to enslaved Africans at New York burial ground
March 25, 2026
UK and Nigeria sign agreement to speed up deportation
March 20, 2026
CAF strips Senegal of AFCON Crown
March 17, 2026
Aa
AfricaNews360AfricaNews360
Aa
  • Technology
  • Science
  • Education
  • Health
Search
  • Topics
    • Business
    • Columns
    • Gossip
    • News
    • Politics
    • Showbiz
    • Fashion
    • Climate
    • World
    • Videos
Have an existing account? Sign In
Follow US
AfricaNews360 > Politics > Egypt presidency buys new plane for $500m, triggers controversy
Politics

Egypt presidency buys new plane for $500m, triggers controversy

Posted Africanews360 September 4, 2022 2 Min Read
Updated 2022/09/04 at 12:54 PM
Airbus A320 aircraft of Nile Air, the largest private airline in Egypt, Cairo International Airport on 27 September 2021 [Photo by KHALED DESOUKI/AFP via Getty Images]
SHARE

The Egyptian president has purchased a new presidential jumbo jet at the cost of $500 million, triggering fierce debate on social media over the timing of the purchase, which comes amidst a severe economic crisis.

Egypt has been struggling to generate foreign currency for imports and to tackle inflation, which has been hitting the country hard for years.

Egypt has acquired a Boeing 747-8 aircraft, seen last week in Shannon in Ireland, where it was undergoing painting work by International Aerospace Coatings (IAC).

RECOMMENDED FOR YOU  London Bridge has fallen

In 2020, Simple Flying, an aviation news website, reported that German airliner Lufthansa sold one of its Boeing 747-8 passenger planes to an “unidentified customer”.

The website revealed that the 747-8 jet would become an Egyptian executive aircraft, taking SU-GGG registration.

Egyptian media reported the deal to buy the Boeing 747-8 aircraft at almost $500 million, while the Egyptian presidency counter-stated that it does not need such a plane.

RECOMMENDED FOR YOU  Liberia probes listing of underage voters

Egyptian journalist and MP Mustafa Al-Bakri condemned the reports about the purchase as “propaganda” of the Muslim Brotherhood.

He claimed that the aircraft was bought for no more than $240 million, noting that this came following a report by Boeing that the current 28-year-old presidential Airbus A340 would be unfit for use by 2023.

Egyptian expert of Constitutional Law Nour Farahat said that Egyptians would accept the narrative of Al-Bakri should he prove his claims by providing the public with a report from Boeing about the expiry of the presidential plane, as well as details about the purchase of the new one.

RECOMMENDED FOR YOU  Gambia: Government Foil Coup Attempt Against President Adama Barrow, Arrest 4 Soldiers

RSS EDITORS’ SUGGESTIONS

SOURCES: middleeastmonitor.com
Africanews360 September 4, 2022
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Turkey President Erdogan: ‘Without Türkey, NATO is weak’
Next Article South Africa President, Cyril Ramaphos South Africa Prez. Ramaphosa ANC elective conference will be democratic
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Latest on AfricaNews360

  • Portuguse tactician Carlos Queiroz unveiled as new Black Stars Coach ahead of World Cup
  • USM Alger coach Ndiaye warns of ‘tough battle’ against Zamalek in CAF Confederation Cup final
  • Ghana’s Mahama leads tribute to enslaved Africans at New York burial ground
  • UK and Nigeria sign agreement to speed up deportation
  • CAF strips Senegal of AFCON Crown

More recommendations for you

  • Premier League Matchday 31 officials announced; Nathan Anafo takes charge of Medeama SC VS Gold Stars clash
  • Black Princesses begin train in Accra ahead of Uganda World Cup Qualifier
  • Engineers & Planners pays $2m to boost Black Stars’ 2026 World Cup preparations
  • 2026 World Cup: It’s a difficult group but Black Stars can qualify for next round – Albert Adomah
  • Match Commissioners Association elects new Executives for a four-year term

You Might Also Like

PoliticsTop Stories

Ugandan opposition leader Bobi Wine leaves the country after two months of hiding

March 14, 2026
PoliticsTop Stories

Ghanaian Court annuls 2024 Parliamentary Election over irregularities

November 24, 2025
NewsPoliticsTop Stories

The future is African – Ghana President declares at UN Assembly

September 26, 2025
NewsPolitics

Burkina Faso to ‘street honour’ late Ghanaian President Jerry John Rawlings

May 19, 2025
  • Bereavement
  • Debt Management
  • Finance
  • Job Creation
  • Small Business
  • Climate
  • Education
  • Fashion
  • Health
  • Rights
  • Science
  • Sanitation
  • Mobilisation
  • Secondary Education
  • Celebrity News
  • Tertiary Education
  • Culture
  • Security
  • Corruption
  • Creed
  • Athletics
  • Basketball
  • Boxing
  • Formula 1
  • Rugby
  • Soccer
  • Tennis
  • Minning
  • Gaming
  • Technology
AfricaNews360AfricaNews360
Follow US

© 2024 - AfricaNews360 | All rights reserved.

  • About
  • Advertise with us
  • Contact

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?