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NTRA licences Etisalat Misr to provide triple-play services in compounds

The National Telecommunications Regulatory Authority (NTRA) has granted the mobile network operator, Etisalat Misr, a triple-play telecom licence that allows the firm to provide mobile and landline services, high-speed broadband, and fiber-optic TV services. NTRA’s Acting Executive President, Mostafa Abdel Wahed, and CEO of Etisalat Misr, Hazem Metwally, has singed the license agreement. “We are …

Ahmed Lamloum

Interest rate cut to reduce borrowing costs: Moody’s

Egypt’s key credit challenges, including weak finances, large financing need, and high borrowing cost, drive exposure to interest rate shocks as well as large domestic funding cost to remain high, Elisa Parisi-Capone, vice president and senior analyst at Moody’s Investors Service, told Daily News Egypt. Moody’s believes that interest rate cut will be a step …

Daily News Egypt

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