Egypt’s public transport companies complain financial losses, halt in business – ZAWYA

Egypt’s public transport companies complain financial losses, halt in business – ZAWYA

Egypt's public transport companies complain financial losses, halt in business | ZAWYA MENA Edition HomeBusinessArticleEgypt's public transport companies complain financial losses, halt in business With severe restrictions and fines imposed by the PTA, the situation has now reached a dead end for companies    Several public transportation companies operating in Egypt have been facing a potential halt in business following successive losses due to the novel coronavirus (COVID-19) pandemic. The affected companies include Lotus, Ibrahimiyyah, Al Salam, Lebanon, Cairo, Al Heba, Al Rowad, Al Saqr, and Cooperative Association for Mass Transportation.The companies said the difficulties have come as a result of the Public Transport Authority's (PTA) intransigence in looking into their demands. They note that there has also been a failure to provide a package of facilities easing the circumstances for the companies given the state-imposed restrictions and precautionary measures.Several public transportation companies operating in Egypt have been facing a potential halt in business following successive losses due to the novel coronavirus (COVID-19) pandemic. The companies said the difficulties have come as a result of the Public Transport Authority's (PTA) intransigence in looking into their demands. They note that there has also been a failure to provide a package of facilities easing