The National Railways Authority (NRA) has signed a EUR 157 mn contract with Spanish manufacturer Talgo to purchase six passenger trains, according to a Transport Ministry statement. The agreement is financed by the European Bank for Reconstruction and Development. The ministry is set to receive the first rolling stock in 21 months.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…