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Costs of Abu Tartur railway renovation mounts to USD 300 mn
The costs of upgrading the freight line connecting Egypt’s biggest phosphate mine at Abu Tartur to Safaga port looks set…
Automotive + Transportation
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Automotive + Transportation
Careem investments in Egypt reach USD 10 mn
Ride-hailing app Careem invested USD 10 mn in Egypt since it opened shop here, Careem Egypt COO Ramy Kato says,…
GoBus license suspended after accident
The Roads and Bridges Authority suspended GoBus’ license after six died in an accident Friday,The Egypt Independent writes. The measure,…
GoBus could have licenses revoked after accident
GoBus is at risk of losing their license to operate after an accident that killed six last Friday,Road and Bridges…
Electric train to new administrative capital to cost USD 1.4 bn
It will cost some USD 1.4 bn to build an electric rail line linking Salam City with Tenth of Ramadan…
Careem looking into offering carpooling service in Egypt
Careem is looking to launch its own version of Uber Pool in Egypt, Al Borsa reports. COO Ramy Kato says…
MTI to increase investments for luxury cars centers
MM Group for Industry and International Trade (MTI) is set to invest up to EGP 240 mn — or some…
CBE pays back dues to six foreign airlines
The CBE provided repayment for United Airlines, Air Canada, Turkey’s Pegasus, Gulf Air, Jazeera Airways, and India’s Jet Airways, travel…
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