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Infrastructure 
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
AIIB to provide EUR 250 mn loan for Abu Qir metro project
This is around a sixth of the EUR 1.6 bn project, which will convert the Abu Qir railway into an…
Alstom to localize manufacture of rolling stock, electrical systems
The French rail manufacturer plans to invest EUR 300 mn in two new factories on the North Coast
Record tourism figures on the airwaves
More than 7 mn tourists visited Egypt in the first half of 2023
Egytrans shareholders approve NOSCO takeover
The acquisition is set to close in two to three months
No further hikes to public transport fees -Transport Minister El Wazir
The transport minister also defended infrastructure spending
New pipeline to up Israeli gas exports (and lots more news)
The pipeline should be operational in two years’ time
E-scooters are on the rise. Do they represent a trend or a transit revolution?
Electric two-wheelers have taken off in some Cairo neighborhoods
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