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National Company for Roads to hand highway management over to NAT
The National Company for Roads (Watanya)will hand highway management over to the National Authority for Tunnels (NAT), which will also…
Automotive + Transportation
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Automotive + Transportation
Transport Ministry to select between Italian and Hungarian bids for 700 train cars
Italian companies are offering to supply 700 train cars 30% cheaper than the nearest offer, Transport Minister Hisham Arafat says,…
Cairo Metro Line 1 requires EUR 990 mn to complete development
Cairo Metro’s Line 1 needs EUR 990 mn in order to complete development plans, Transport Minister Hisham Arafat said, Al…
General Electric proposes investments in railway development
General Electric is proposing a number of investments and expansions in Egypt’s railways, Al Masry Al Youm reports. The proposals…
El Dahshan looks to boost its auto spare parts exports to USD 1 mn by year’s end
Auto component manufacturer El Dahshan is looking to boost exports to USD 1 mn by the end of this year,…
Interest rates hike will exacerbate slump in the automotive market -Naggar
The CBE’s decision to hike interest rates by 200 bps will see the auto market contract by a further 50%,…
Mercedes-Benz’s new CLA Shooting Brake is now available in Egypt
Mercedes-Benz Egypt released its new generation of compact cars with the new model GLA, CLA Coupé, and for the first…
Committee studying alternatives to automotive directive to submit report next week
The joint CBE-auto industry committee studying alternatives to the automotive directive will submit a report to bank Governor Tarek Amer…
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