{"id":579043,"date":"2023-01-23T03:58:51","date_gmt":"2023-01-23T03:58:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/no-hikes-to-train-fares-what-can-rubs-buy-us\/"},"modified":"2023-01-23T03:58:51","modified_gmt":"2023-01-23T03:58:51","slug":"no-hikes-to-train-fares-what-can-rubs-buy-us","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/no-hikes-to-train-fares-what-can-rubs-buy-us\/","title":{"rendered":"No hikes to train fares + What can RUBs buy us?"},"content":{"rendered":"

<\/a> No hikes to train fares for the foreseeable: <\/strong>A Transport Ministry plan to hike the price<\/a>of train tickets<\/a> gradually over a four-year period has been put on hold by President Abdel Fattah El Sisi, Transport Minister Kamel El Wazir told Ala Mas\u2019ouleety\u2019s Ahmed Moussa in an interview. (watch, runtime: 3:59<\/a>.) El Wazir had proposed hikes to fares to help bridge an EGP 4 bn annual gap in the ministry\u2019s budget but El Sisi called for the ministry to maximize its own efficiency instead of further burdening citizens, he said.<\/p>\n

We\u2019ll break even on the high-speed rail in 2044: <\/strong>El Wazir stated that the proceeds from the high-speed train<\/a> tickets and advertising revenue will allow the government to break even on its USD 23 bn<\/a> high-speed planned high-speed rail network by 2044 (watch, runtime: 4:15<\/a>.)<\/p>\n

Another Talgo train enters trial operations: <\/strong>The second of our six new Talgo passenger trains<\/a> will start running on the Cairo-Luxor line this Friday, El Wazir also said (watch, runtime: 3:51<\/a>.) The first of the six trains began trial operations on the Cairo-Alexandria line<\/a> last year.<\/p>\n

Wheat for RUB?<\/strong> The Bank of Russia\u2019s decision to approve the EGP as a trade currency<\/a> last week got more airtime, after Russian Deputy Prime Minister Victoria Abramchenko was quoted by Al Masry Al Youm<\/a> as telling Russian media that Moscow is considering allowing Egypt to pay for wheat imports in RUBs.<\/p>\n

What else could we pay for in RUB?<\/strong> The government will have to reach agreements with Moscow as to which products and services imports could be paid for in RUB, former deputy managing director of Blom Bank, Tarek Metwally, told Kelma Akheera\u2019s Lamees El Hadidi The move could also be a boost to tourism, allowing Russians to visit who otherwise wouldn't have come due to a lack of USDs caused by Western sanctions, he added. (watch, runtime: 3:30<\/a>.)<\/p>\n","protected":false},"excerpt":{"rendered":"

No hikes to train fares for the foreseeable: A Transport Ministry plan to hike the priceof train tickets gradually over a four-year period has been put on hold by President Abdel Fattah El Sisi, Transport Minister Kamel El Wazir told Ala Mas\u2019ouleety\u2019s Ahmed Moussa in an interview. (watch, runtime: 3:59.) El Wazir had proposed hikes […]<\/p>\n","protected":false},"author":1,"featured_media":579044,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[1419,6539,72,1088,106,9110,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-egp","tag-egypt-russia-relations","tag-enterpriseam","tag-high-speed-rail","tag-last-nights-talk-shows","tag-rub","tag-transport","wpautop","entry"],"acf":{"mongo_id":"75d10d23-8395-4b40-90d5-de5aeb09f9f0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/390.jpg","photo_position":"above","related_issue":[579028],"teaser":"","voice_url":""},"yoast_head":"\nNo hikes to train fares + What can RUBs buy us? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/23\/no-hikes-to-train-fares-what-can-rubs-buy-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No hikes to train fares + What can RUBs buy us?\" \/>\n<meta property=\"og:description\" content=\"No hikes to train fares for the foreseeable: A Transport Ministry plan to hike the priceof train tickets gradually over a four-year period has been put on hold by President Abdel Fattah El Sisi, Transport Minister Kamel El Wazir told Ala Mas\u2019ouleety\u2019s Ahmed Moussa in an interview. (watch, runtime: 3:59.) 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infrastructure spending","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/336.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601814,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/11\/el-wazir-to-take-the-helm-of-egypts-transport-ministry\/","url_meta":{"origin":579043,"position":1},"title":"El Wazir to take the helm of Egypt\u2019s Transport Ministry","author":"enterpriseam admin","date":"11 March 2019","format":false,"excerpt":"MOVES- Engineering Authority\u2019s Kamel El Wazir named new transport minister: President Abdel Fattah El Sisi tapped the current head of the Armed Forces Engineering Authority, Kamel El Wazir, to serve as the nation\u2019s new transport minister, replacing Hisham Arafat, who stepped down after a deadly train crash at Cairo\u2019s main\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601860,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/kamel-el-wazir-sworn-in-as-new-transport-minister\/","url_meta":{"origin":579043,"position":2},"title":"Kamel El Wazir sworn in as new transport minister","author":"enterpriseam admin","date":"12 March 2019","format":false,"excerpt":"Transport Minister Kamel El Wazir was sworn in before President Abdel Fattah El Sisi yesterday, according to an Ittihadiya statement. The president announced El Wazir\u2019s appointment on Sunday, and the House of Representatives greenlit the announcement on the same day. The new cabinet member, an army Lieutenant General, replaces Hisham\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542582,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/04\/last-nights-talk-shows-pundits-react-to-record-export-revenues-transport-minister-talks-train-tix-light-rail\/","url_meta":{"origin":579043,"position":3},"title":"Last Night\u2019s Talk Shows: Pundits react to record export revenues, transport minister talks train tix, light rail","author":"enterpriseam admin","date":"4 January 2022","format":false,"excerpt":"Leading coverage on the nation\u2019s talk shows last night: last year\u2019s record export revenues. The announcement by Prime Minister Moustafa Madbouly on Sunday that Egypt\u2019s export revenues reached a record high of USD 31 bn in 2021 earned attention from most of the talking heads last night. El Hekaya (watch,\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548281,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/train-metro-fare-hikes-coming-this-month-military-to-build-huge-polyethylene-facility\/","url_meta":{"origin":579043,"position":4},"title":"Train, metro fare hikes coming this month + military to build huge polyethylene facility","author":"enterpriseam admin","date":"2 August 2022","format":false,"excerpt":"Metro and train fare hikes will likely be implemented later this month, in tandem with the government\u2019s measures to expand social security, Transport Minister Kamel El Wazir told Sada El Balad last night (watch, runtime: 1:06:06). Prices will not rise by more than 25%, the minister said, adding that the\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601803,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/11\/new-transport-minister-and-first-red-sea-oil-and-gas-exploration-tender-keep-talking-heads-busy\/","url_meta":{"origin":579043,"position":5},"title":"New transport minister and first Red Sea oil and gas exploration tender keep talking heads busy","author":"enterpriseam admin","date":"11 March 2019","format":false,"excerpt":"The appointment of Gen. Kamel El Wazir as new Transport Minister led the airwaves last night (watch, runtime: 02:21), (watch, runtime: 04:33) (watch, runtime: 03:08) and (watch, runtime: 06:33). We have more in this morning\u2019s Speed Round, below.The launch of the first oil and gas exploration tender in the Red\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=579043"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/579043\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/579028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/579044"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=579043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=579043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=579043"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=579043"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=579043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}