Egypt in talks with Spanish lenders for USD 160 mn loans to buy sleeper trains

Egyptian National Railways (ENR) is in talks with unnamed Spanish lenders for a USD 160 mn loan to purchase six new sleeper train cars, Al Shorouk reports, quoting an unnamed source. The funding is part of a plan by ENR subsidiary Watania Sleeping Trains to overhaul sleeper trains in Egypt. Watania operates 101 sleeper train cars, most of which need upgrades.