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Infrastructure 
Tunnel authority to launch tender for 23 train cars in phase 1 of Metro Line 4
The National Authority for Tunnels (NAT) will soon launch a tender to purchase 23 train cars for the first phase…
Automotive
Earnings watch: GB Auto, Egypt Kuwait Holding, Talaat Moustafa Group
EARNINGS WATCH- GB Auto turns net loss in 2Q2019 as competition with zero-tariff EU imports bites: GB Auto posted a…
Egypt signs contract for metro trains and locomotives with Hyundai Rotem, Socofer
The National Tunnels Authority signed two contracts with South Korea’s Hyundai Rotem and France’s Socofer to provide 6 new metro…
China’s Foton discusses manufacturing electric buses with Egyptian officials
A delegation from Chinese automotive manufacturer Foton Motor met with Military Production Minister Mohamed El Assar, Local Development Minister Mahmoud…
Gov’t project to equip vehicles with dual fuel engines will start in September
The government will start implementing a national project to equip taxis and minibuses with dual fuel engines in September, Youm7…
Egypt’s vehicle sales sustain downward trend in 1H2019
Vehicle sales sustain downward trend during the first half of the year: Total car sales in Egypt stood at 74,084…
Cabinet approves final customs package for car makers
EXCLUSIVE- Cabinet approves final amendments on auto manufacturing incentives package: The Madbouly Cabinet has approved final amendments to the Customs…
Egypt to hold int’l tender to upgrade Giza-Beni Suef railway line by September
Egypt is planning to issue an international tender for companies to upgrade the Giza-Beni Suef railway line in the next…
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