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Egypt set soon to sign EBRD financing agreement for 100 railway locomotives
The National Railways Authority (NRA) will sign in the coming days a financing agreement with the European Bank for Reconstruction…
Automotive + Transportation
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Automotive + Transportation
Egyptians Abroad Investment and Development to launch logistics investment fund in 2020
The Egyptians Abroad Investment and Development Co plans to launch its logistics sector-focused fund next year, CEO and Vice Chairman…
Egypt’s all-female ride-hailing startup plans to come to Alexandria
Ride-hailing app Fyonka is planning to debut in Alexandria after having recently launched in Greater Cairo, co-founder Abdallah Hussein said.…
Egypt automotive sales down 5% y-o-y in 4M2019
Total vehicle sales in Egypt fell 5% y-o-y to 46,589 vehicles in 4M2019, compared to 49,062 vehicles in the same…
Ain Sokhna-East Africa shipping line to open October 2020
The Public Enterprises Ministry announced a new shipping line from Ain Sokhna to East Africa that would serve six unspecified…
AOI signs MoU with China’s Shanghai Wanxiang to produce electric buses in Egypt
The Arab Organization for Industrialization (AOI) has signed an MoU with Chinese electric bus manufacturer Shanghai Wanxiang Automotive Co to…
Revolta Egypt to install EGP 100 mn-worth electric car charging stations by 2020
Revolta Egypt is planning to install EGP 100 mn-worth of electric vehicle charging docks by the end of 2020, CEO…
El Wazir, World Bank talk railway cargo transport
Transport Minister Kamel El Wazir met yesterday with a delegation from the World Bank to discuss developing the country’s railways…
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