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Egyptian children’s ride hailing app Hive raises USD 400,000 investment
STARTUP WATCH- Hive, a Cairo-based ride-hailing app for children, has secured a USD 400k investment from Abdelmoneim Al Adawy, one…
Egypt signs cooperation agreement with Deutsche Bahn to improve railway
The National Authority for Railways signed an agreement with German railway company Deutsche Bahn (DB) to aid Egypt in developing…
Egypt to receive first batch of 50 railcars from Transmashholding in January
Russian rail equipment manufacturer Transmashholding is set to deliver next January the first 50 railcars of 1,300 to be supplied…
Orascom Construction adds USD 1.3 bn in new awards to backlog in 3Q 2019
Orascom Construction has added USD 1.3 bn to its backlog in 3Q2019, up 30% compared to a year earlier, the…
Egypt to receive 10 locomotives from GE in November
Egypt will receive 10 new locomotives from General Electric in November as part of a USD 575 mn agreement signed…
Egypt to receive 32 cars for third metro line
The National Tunnel Authority will receive 32 new air-conditioned metro cars worth from Hyundai Rotem for Cairo Metro Line 3,…
How mobility apps capitalize on the need for resilient, flexible transport solutions in rapidly growing EMs
How mobility apps capitalize on the need for resilient, flexible transport solutions in rapidly growing EMs: Low-tech transport apps that…
Egypt to receive first tranche of USD 1.2 bn Exim loan for railway project this month
Is the electric railway getting the first tranche of China Exim Bank’s USD 1.2 bn loan this month? The Export-Import…
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