The Transport Ministry began operating 38 new trains last weekend as part of its ongoing plans to refurbish the country’s railway system, the cabinet said in a statement. Tickets for the new trains will be sold at a higher price than existing trains. The National Railways Authority is expecting a EGP 300 mn profit from the new lines by the end of 2020 that will increase to EGP 1 bn when Russia’s Transmashholding delivers all 1.3k trains, Al Mal reported, citing an unnamed source from the authority.

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