The total number of road accidents in Egypt dropped 24.2% y-o-y in 1H2018 to 4,426, down from 5,826 in 1H2017,according to a CAPMAS report. The daily average number of incidents declined to 24.6 collisions per day, compared to an average of 32.4 during the same period last year. Fatalities from road accidents also dropped 19.1% to 1,560 deaths, down from 1,929. Our personal experiences on the road tell us Egyptians have not collectively become better drivers, so we’re not entirely sure of the reasons behind these unexpectedly positive statistics.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…