GoBus is at risk of losing their license to operate after an accident that killed six last Friday,Road and Bridges Authority Head Adel Turk tells Al Mal. GoBus chairman Maher Nassif denied any wrongdoing on the part of the firm and also denied rumours that the driver had fallen asleep before colliding with a truck. He has asked for an official investigation before any decisions are made.
More from Enterprise
CIB says it received the green light to start due diligence on HSBC Egypt’s retail franchise
CIB is not the only potential suitor for HSBC’s retail…
Retail investors now have direct access to five EFG Hermes mutual funds
The move is the latest step in EFG Hermes’ push…
Under-construction data centers tap ratings to fund AI buildup
Developers are securing investment-grade ratings to unlock new pools of…
Bahrain’s Beban eyes Egypt launch with equity crowdfunding model
Mohamed Aboulnaga’s Foras AI raises stake as Beban seeks FRA…