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Infrastructure 
French company to supply ticket vending machines for Cairo Metro
Revenue Collection Systems France was awarded a contract by the National Authority For Tunnels to supply and install ticket vending…
Two investors compete for majority stake in BMW’s Egypt agent
M&A WATCH- Rival groups are competing to acquire a majority stake in BMW’s Egypt dealership, Bavarian Auto Group (BAG), sources…
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…
Your top infrastructure stories
Your top infrastructure stories for the week include: Amazon is considering Egypt as its next hub for the manufacture of…
Car prices inch up 1-5% on back of global supply shortage
Car prices have inched up 1-5% over the past year due in part to a growing supply shortage brought on…
Volkswagen signs pact to produce natgas-powered vans for Egypt
INVESTMENT WATCH- Volkswagen wants to produce natgas-powered vans in Egypt — if it gets the right incentives: Egyptian Automotive and…
Car sales rise in August as sector recovers from covid-19 slump
Car sales continued to rebound in August from a slump in sales during the second-quarter covid-19 lockdown, according to industry…
Mitsubishi submits EUR 500 mn bid to upgrade, maintain metro railcars
Japanese conglomerate Mitsubishi has submitted a EUR 500 mn offer in the tender to upgrade and maintain 58 railcars on…
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