President Abdel Fattah El Sisi met yesterday with the Caterpillar CEO Jim Umpleby to discuss the company’s potential participation in national projects, Ittihadiya said in a statement (pdf). “The meeting touched on prospects for cooperation with Caterpillar Inc. in multiple fields, in addition to the company’s future investment plans in the country,” the statement says. The two discussed the possibility of Caterpillar participating in developing the national rail system and construction projects.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
FinMin targets EGP tns in new debt as it revises financing gap to EGP 4 tn
The new strategy aims to ease short-term pressure and expand…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…