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White Walker Automotive reviewing four global offers to restart operations
The Nasserist zombie car company, El Nasr Automotive Company, is reviewing partnership offers from four global firms in order to…
TRANSPORTATION
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Transport Ministry studying offers from global firms for maintenance of 100 locomotives
The Transport Ministry is reportedly studying offers from global firms, including Canada’s Bombardier and the US’ EMD, on a maintenance…
Deadline for monorail project prequalification offers extended to 29 January
The transport and housing ministries extended the bidding window for its monorail projects until 29 January from 15 January, Housing…
Several MPs continue to voice objections to AFD’s Alex tram loan
Several MPs are still voicing their objections to the French Development Agency’s EUR 100 mn loan to finance the Alexandria…
Transport Ministry in talks for USD 220-230 mn loan to finance railway upgrades
The Transport Ministry is in talks with international funding institutions to secure a USD 220-230 mn loan needed to complete…
Transport Minister meets with French Development Agency to discuss projects
Transport Minister Hisham Arafat met with a delegation from the French Development Agency to discuss furthering their role in the…
EgyptAir to sell subsidiaries’ planes to finance agreement with Bombardier
EgyptAir will self finance its agreement to buy 12 CS300 aircraft from Bombardier, sources tell Al Mal. The financing for…
Studies for electric rail system in Mansoura underway
Studies are underway for an electric railway system connecting the various parts of Mansoura and link them to newer developments,…
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