The National Authority for Tunnels (NAT) awarded six consortiums contracts to design and supervise the EUR 360 mn El Raml tram renovation project in Alexandria, according to a list published by Al Borsa. The list is dominated by French and Spanish consortia. Qualified companies will now be required to present their technical and financial offers to participate in the tender for the project, which is scheduled to be issued in six months, a source from NAT tells the newspaper. The project is expected to be complete in three years.
More from Enterprise
Our friends at EFG Hermes and Beltone pick up fresh accolades, along with CIB
EFG Hermes retained the top corporate access spot on Extel’s…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…