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Salini Impregilo in talks to possibly take part in developing Cairo Metro Line 5
Transport Minister Hisham Arafat met with a delegation from Italian engineering firm Salini Impregilo to discuss possibly bidding on developing…
Smart Tuk Tuk unveiled
Egy-Tech Engineering introduced a mini vehicle that is being dubbed the “smart tuk tuk,” according to the Egypt Independent. The…
Railway tickets will increase by end of June 2018, says Arafat
Railway ticket prices will rise by the end of June 2018, Transport Minister Hisham Arafat announced yesterday, Al Mal reports.…
El Nasr Automotive revives talks with foreign partners to restart operations
Zombie car company El Nasr Automotive has revived negotiations with potential foreign partners to restart the defunct national car manufacturer’s…
NAT to issue tenders for Cairo Metro Line 4 within two weeks
The National Authority for Tunnels (NAT) is expected to begin issuing tenders for the Cairo Metro’s Line 4 in two…
JICA prepared to disburse second tranche of USD 1.2 bn loan for Cairo Metro Line 4
The Japanese International Cooperation Agency (JICA) is prepared to disburse the second tranche of its USD 1.2 bn loan to…
EgyptAir to receive last of nine Boeing airplanes
EgyptAir will receive the ninth and final Boeing 737-800 Next-Generation aircraft under its USD 864 mn agreement with the company,…
Auto industry anticipates resurging sales next year after CBE lifts imports restrictions
Six auto companies plan on spending a combined EGP 1.5 bn in 2018 on new production lines, showrooms, and after…
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