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Somabay to renovate Sheraton resort + Egypt to spend another USD 2.6 bn on US arms
Sheraton Soma Bay to get a new look: Somabay has secured an EGP 143 mn loan from Ahli United Bank…
Cement production quotas bring Spegyco back from zombie status
Saad El Din Group has restarted operations at the Spanish Egyptian Cement factory (Spegyco) after a three-year hiatus, the group’s…
NERIC eyes production of electric locomotives by end of 2022
NERIC to begin electric locomotive production by year-end: The National Egyptian Railway Industries Company (NERIC) will begin manufacturing electric locomotives…
Etisalat, Honeywell enhance cooperation on Internet of Things provision
Etisalat and Honeywell sign fresh IoT agreement: Our friends at Etisalat Misr have signed anMoU with US tech giant Honeywell…
AFC wants to invest USD 250 mn in monorail, high-speed rail projects
Multilateral lender Africa Finance Corporation (AFC) is looking to partially bankroll our monorail and high-speed train projects with a USD…
Last Night’s Talk Shows: Pundits react to record export revenues, transport minister talks train tix, light rail
Leading coverage on the nation’s talk shows last night: last year’s record export revenues. The announcement by Prime Minister Moustafa…
Negotiations ongoing with five int’l institutions to finance Aswan-Toshka railway
The Transport Ministry is in negotiations with five international financial institutions to help fund the construction of the planned Aswan-Toshka…
Project Profile — El-Salam / New Administrative Capital / Tenth of Ramadan Light Rail Train
Project Profile — El Salam - new administrative capital - 10th of Ramadan Light Rail Train: The Salam - new…
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