Cleopatra Hospital Group’s Nile Badrawi Hospital has been served with a court order placing it under the Nile Transport Authority’s (NTA) administrative control to compel the hospital to pay the authority EGP 7 mn for allegedly using its land, Cleopatra Group said in a statement to the EGX. Cleopatra notes, however, that the Court for Urgent Matters issued a ruling on 27 November annulling the NTA’s 2016 claim against the hospital. The NTA had requested that the hospital pay EGP 36 mn for the land upon which Nile Badrawi Hospital is built.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…