Prime Minister Moustafa Madbouly inaugurated on Sunday the first phase of the EGP 230 mn Roxy Garage, the Middle East’s first public garage with a hydraulic parking system, the cabinet said in a statement. The first phase can take up to 900 cars while the second phase is expected to be completed by the end of 2020.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…