The Transport Ministry will likely issue the terms and conditions for an international tender to supply 100 new locomotives by the beginning of 2019, Al Shorouk reports. The ministry has contracted an international consulting firm to prepare the conditions, which will be financed through a EUR 290 mn loan from the European Investment Bank.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…