{"id":602342,"date":"2019-03-25T04:00:30","date_gmt":"2019-03-25T04:00:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/"},"modified":"2019-03-25T04:00:30","modified_gmt":"2019-03-25T04:00:30","slug":"govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/","title":{"rendered":"Gov\u2019t liquidates loss-making Egyptian Company for Ports and Dry Ports"},"content":{"rendered":"

The Transport Ministry has liquidated the Egyptian Company for Ports and Dry Ports<\/a> for incurring EGP 13 mn in losses since it was formed in June 2017, a source told Al Mal<\/a>. The company also failed to join one of the bidding consortiums<\/a> to build the USD 100 mn 6 October dry port, despite competing for the project being one of the chief reasons the government had founded the company in June 2017. The company was 85%-owned by the General Authority for Ports and Dry Ports and 15% by Al Ahly Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Transport Ministry has liquidated the Egyptian Company for Ports and Dry Ports for incurring EGP 13 mn in losses since it was formed in June 2017, a source told Al Mal. The company also failed to join one of the bidding consortiums to build the USD 100 mn 6 October dry port, despite competing […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,7087,2517,145,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602342","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-finance","tag-governance","tag-logistics","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"7b8662bf-361e-4c34-ba08-e7caa08d1f1e","is_powered_by":true,"section_story_id":"ed25f26a-0f72-49c9-80af-000dfe945b08","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602313],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t liquidates loss-making Egyptian Company for Ports and Dry Ports - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t liquidates loss-making Egyptian Company for Ports and Dry Ports\" \/>\n<meta property=\"og:description\" content=\"The Transport Ministry has liquidated the Egyptian Company for Ports and Dry Ports for incurring EGP 13 mn in losses since it was formed in June 2017, a source told Al Mal. The company also failed to join one of the bidding consortiums to build the USD 100 mn 6 October dry port, despite competing […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-25T04:00:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t liquidates loss-making Egyptian Company for Ports and Dry Ports\",\"datePublished\":\"2019-03-25T04:00:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"governance\",\"logistics\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/govt-liquidates-loss-making-egyptian-company-for-ports-and-dry-ports\/\",\"name\":\"Gov\u2019t liquidates loss-making Egyptian Company for Ports and Dry Ports - 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