SPEED ROUND: TRANSPORT

Big plans for railway manufacturing in the SCZone

Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic Zone (SCZone), Al Mal reports, citing sources familiar with the matter. Canada’s Bombardier, Russia’s Transmashholding, Germany’s Siemens, and South Korea’s Hyundai Rotem are all in the running to take part in the planned assembly line,…