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Heads are rolling at the railway authority
It’s the axe (kind of) for National Railway Authority (NRA) Chairman Ashraf Raslan and other officials, as Transport Minister Kamel…
Railway, media authorities are deeply in the red
The National Railway Authority (NRA) and the National Media Authority (NMA) posted the largest losses among all state institutions in…
Big train a-comin’
The safety and quality of service of Egypt’s railways are getting an upgrade with a USD 440 mn loan from…
World Bank mulls financing part of USD 640 mn railway upgrade
DEBT WATCH- World Bank mulls financing part of USD 640 mn railway upgrade: The World Bank is studying a loan…
14 rail signal projects to be completed this year
Fourteen railway signalling systems being upgraded by Thales International will be completed by December 2020, said Transport Minister Kamel El…
First batch of Russian railcars arrives in Alexandria
Egypt will receive the first batch of 31 railcars from Russia’s Transmashholding under a EUR 1.02 bn agreement to supply…
EBRD to provide NBK Egypt with USD 100 mn for private sector
The EBRD will provide the National Bank of Kuwait Egypt with USD 100 mn for onlending to the private sector,…
Railway projects face delays as international lenders divert USD 1.8 bn in loans
Railway projects could be placed on ice as disbursal of USD 1.8 bn in international funds are delayed: Some USD…
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