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Public Sector

Transport ministry reveals slight increase in metro ticket prices, introduces new pricing scheme

The ministry also introduced a new ticket pricing scheme for passengers traveling more than 23 stops, close to a year since its introduction of tickets for trips passing through 25 stations/stops

Egypt invested EGP 7.4B to strengthen irrigation systems and water operations in 2023

Investments amounting to EGP 400 million were allocated for works at the High Dam and Aswan Reservoir, while an additional EGP 100 million was injected in projects for the rehabilitation of water facilities during the year

Egypt's public sector boomed with 36.1% surge in FY2021/2022 operations

CAPMAS revealed that the cumulative value of operations conducted by public sector companies soared to EGP 59.4 billion in FY2021/2022