The financial institutions operation company e-finance aims to achieve revenues worth EGP 500m in 2017. The company’s priority is expanding in northern and central African markets to implement its expansion plan in the region so as to open its resources of US dollar income. CEO Ibrahim Sarhan told Daily News Egypt that the production capacity …
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We participated in implementing the Takaful and Karama monetary support system, says chairperson
The tourism sector receives diesel fuel at EGP 1.10 per liter, and this price will rise to EGP 5.35 once subsides are removed, according to the official.
Khaled Hanafy says he will meet with Cairo governor Monday to discuss methods of implementation
The recurring petrol and diesel crises have left Egypt’s streets paralysed and the people angry. Despite the continuity of the diesel crisis throughout the past months, the petrol crisis is primarily affecting Egyptians from middle and upper classes, a phenomenon unprecedented on the current scale. The government has promised the crisis will end once the new smartcard system is in effect. The Daily News Egypt reviews the new system and asks people about the system’s feasibility and convenience to their needs.