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NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan
The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National…
Automotive + Transportation
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Egypt, Russia and Hungary finalize railcar financing agreement
The National Railway Authority has received final approval from the Hungarian Export-Import Bank and Russia’s Roseximbank to finance the purchase…
Elsewedy-led consortium awarded tender for Abu Tartour-Qena railway line
A consortium of Elsewedy Electric and Italy’s Saipem and Salce have been awarded a tender issued by El Wady for…
Egypt’s Railways Authority mulls buying 50 new locomotives from Siemens
The National Railway Authority is considering buying 50 new locomotives from Germany’s Siemens, the local press reports, citing an unnamed…
Egypt receives second batch of General Electric locomotives
General Electric delivered the second batch of 20 railway locomotives purchased under an agreement signed in 2017, according to a…
Four int’l companies withdraw bids to build Giza-Beni Suef rail signal boxes
Four international companies have withdrawn their bids to build signal boxes for the Giza-Beni Suef railway line, Al Shorouk reports,…
Two French, two Egyptian companies awarded Raml Tram tender
The National Tunnel Authority has awarded a consortium of French and Egyptian companies the EGP 410 mn tender to design…
El Nasr Automotive restarts talks with Dongfeng over EV manufacturing
State-owned El Nasr Automotive has restarted talks with Wuhan-based Dongfeng, the front-runner to become Egypt’s first domestic electric vehicle manufacturer,…
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