Back to the complete issue
Sunday, 4 August 2019

Suez Canal revenues rise, Port Said welcomes universal healthcare

Suez Canal revenues rise: The Suez Canal Economic Zone reported EGP 3.6 bn in revenues for FY2018-2019, breaking records for the second consecutive year. The company posted a net profit of EGP 2.2 bn for the year, Hona Al Asema’s Reham Ibrahim said (watch, runtime: 01:21).

Port Saidis hit clinics to get medical care: About 28% of Port Said’s residents, or 77,846 people, have so far registered themselves to benefit from the government’s universal healthcare system, Ibrahim cited the Health Ministry as saying (watch, runtime: 03:11). With 22 health centers in Port Said, which piloted the act last month, some residents have already had procedures and surgeries that had never been done in that part of the country before, Ibrahim noted.

Who qualifies as a “Kramer”? The government announced over the weekend the criteria used to determine Kramer from non-Kramer in the fourth phase of an initiative to restructure its subsidy program (watch, runtime: 01:17). We have more on this in this morning’s Speed Round, below.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.