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What we’re tracking on 15 April 2020
A gun battle with alleged terrorists in the capital city and the IMF’s warning that we’re heading into the worst…
Russian companies to invest USD 1.5 bn in Egypt this year
INVESTMENT WATCH- Russian companies plan to invest USD 1.5 bn in Egypt this year: Unnamed Russian companies are planning to…
Elsewedy-led consortium awarded tender for Abu Tartour-Qena railway line
A consortium of Elsewedy Electric and Italy’s Saipem and Salce have been awarded a tender issued by El Wady for…
Egypt’s GB Auto outlines mitigation plan to protect business from covid-19 fallout
GB Auto suspends capex for 2020 as part of its plans to mitigate effects of covid-19 on business: GB Auto…
Egypt’s Railways Authority mulls buying 50 new locomotives from Siemens
The National Railway Authority is considering buying 50 new locomotives from Germany’s Siemens, the local press reports, citing an unnamed…
Egypt’s auto distributors want to give buyers new car licenses directly from the dealership
Car dealerships want to be able to arrange new car licenses for customers amid suspension of gov’t services: Auto manufacturers…
Egypt receives second batch of General Electric locomotives
General Electric delivered the second batch of 20 railway locomotives purchased under an agreement signed in 2017, according to a…
Four int’l companies withdraw bids to build Giza-Beni Suef rail signal boxes
Four international companies have withdrawn their bids to build signal boxes for the Giza-Beni Suef railway line, Al Shorouk reports,…
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