Public Business Sector

CAPMAS: 10.7% increase in value of business sector's 2018-2019 under construction ventures

Sun, 14 Feb 2021 - 12:43 GMT

Net invested capital hit LE 558.1 billion in 2018-2019, in comparison to EGP 519.7 bn in 2017-2018, with a 7.4 percent increase, the CAPMAS' bulletin said.

Transport, trade, public business sector ministers probe ways to develop Egypt's trade fleet

Sun, 18 Oct 2020 - 10:36 GMT

The meeting falls within the framework of a comprehensive plan to develop the Egyptian maritime transport system, carried out by the Transport Ministry.

Sisi orders to study situation of troubled public business sector firms

Sat, 24 Feb 2018 - 04:39 GMT

President Abdel Fatah al-Sisi on Saturday ordered preparing a study on troubled firms of the public business sector to back successful ones.

Eastern Company pays LE 42B taxes for FY 2016/17

Wed, 16 Aug 2017 - 10:49 GMT

Eastern Company’s net profit rose 17.8 percent to stand at LE 1.7 billion ($94.8 million) in the fiscal year of 2016/2017.

Banking deposits plunge LE114B in one month: CBE

Fri, 09 Jun 2017 - 06:00 GMT

The total value of deposits at the Egyptian banking system slumped LE 114 billion ($6.2 billion) in one month, recording LE 2.7 trillion in February.

Public business sector revenues hit LE 60B in 9 months

Tue, 30 May 2017 - 06:00 GMT

Revenues of public business sector companies in the first nine months of FY2016/17 reached LE 60 billion ($3.3 billion).