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Three foreign companies bidding to manage Egypt’s railways
Three foreign companies are bidding to help manage Egypt’s railways: The Transport Ministry is in talks with three unnamed international…
Also on our Radar on 6 May 2021
The share transfer process in First Abu Dhabi Bank’s (FAB) acquisition of Bank Audi’s Egypt unit has been completed, sell-side…
Hyundai Rotem, NERIC to manufacture railcars in Egypt
South Korea’s Hyundai Rotem will partner with the National Egyptian Railway Industries Company (NERIC) to produce railcars in Egypt after…
Three scenarios for how the private sector could help Egypt’s railway
Here’s what private sector involvement in Egypt’s railways might look like: The government is mulling establishing three JVs with foreign…
Egypt in the News on 22 April 2021
The Qalyubia train crash is still dominating the conversation on Egypt in the foreign press: The Associated Press noted the…
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…
At least 19 killed, 185 injured in Sohag train crash
At least 19 people were killed and 185 were injured after two trains collided on Friday in Sohag, Health Minister…
Mansour retail, Ibnsina, Multi-Apex announce 2021 investment plans + lots of debt news
We have a smattering of investment and debt news that may be relevant to your industry, depending on where you…
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