22 Hrs
Source:
بوابة الشروق
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Source: بوابة الشروق
22 Hrsبوابة الشروق
Source: بوابة الشروق
22 HrsReady to play
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Construction companies in Egypt are facing a severe liquidity crisis due to delays in receiving payments from financing entities. This has led to an increase in debt restructuring requests and a decline in their ability to meet bank obligations. At the same time, the local currency's value has deteriorated and operating costs have risen, further increasing the sector's financing risks and prompting banks to strengthen provisions and adopt a cautious approach to granting new funding. It is expected that the pressure on the sector will continue unless payments are expedited and liquidity cycles are improved.
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