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The Egyptian Company

The Egyptian Company latest

Last year, Egypt’s transportation ministry announced it would double the price of Cairo's metro tickets to EGP 2 before the end of the 2016 fiscal year, but the changes were not implemented. (Wikimedia Commons)
March 15th, 2017 - 11:00 GMT

Cairo Metro Company tunnels into the red

The Cairo Metro Company owes the subcontractor in charge of metro maintenance EGP 10 million, and is 18 months in arrears for electricity and water bills worth EGP 300 million combined.
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