{"id":596367,"date":"2019-08-26T04:00:09","date_gmt":"2019-08-26T04:00:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/"},"modified":"2019-08-26T04:00:09","modified_gmt":"2019-08-26T04:00:09","slug":"transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/","title":{"rendered":"Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway"},"content":{"rendered":"<p>The Transport Ministry is negotiating with an unnamed Kuwaiti investor to contribute to the financing of a 700 km railway between Abu Tartour and Safaga, <a href=\"https:\/\/almalnews.com\/%d9%85%d9%81%d8%a7%d9%88%d8%b6%d8%a7%d8%aa-%d9%85%d8%b9-%d9%85%d8%b3%d8%aa%d8%ab%d9%85%d8%b1-%d9%83%d9%88%d9%8a%d8%aa%d9%8a-%d9%84%d8%aa%d9%85%d9%88%d9%8a%d9%84-%d8%aa%d8%a3%d9%87%d9%8a%d9%84-%d8%ae\/\">according to Al Mal<\/a>. A German consultancy firm is separately evaluating four offers from Orascom, Swedish Electric, Samcrete, and Qalaa to construct the railway.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Transport Ministry is negotiating with an unnamed Kuwaiti investor to contribute to the financing of a 700 km railway between Abu Tartour and Safaga, according to Al Mal. A German consultancy firm is separately evaluating four offers from Orascom, Swedish Electric, Samcrete, and Qalaa to construct the railway.<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9291],"tags":[2370,72,505,685,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596367","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-hurghada","tag-kuwait","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"bc312d64-911c-459d-adc3-35a34fdec87e","is_powered_by":true,"section_story_id":"cea80975-f09a-4aed-a51d-44a3eeed76ba","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596340],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway - 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\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway\" \/>\n<meta property=\"og:description\" content=\"The Transport Ministry is negotiating with an unnamed Kuwaiti investor to contribute to the financing of a 700 km railway between Abu Tartour and Safaga, according to Al Mal. A German consultancy firm is separately evaluating four offers from Orascom, Swedish Electric, Samcrete, and Qalaa to construct the railway.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-26T04:00:09+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway\",\"datePublished\":\"2019-08-26T04:00:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/\"},\"wordCount\":59,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"Hurghada\",\"Kuwait\",\"Transport Ministry\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/transport-ministry-talks-to-kuwaiti-investor-to-finance-abu-tartour-safaga-railway\/\",\"name\":\"Transport Ministry talks to Kuwaiti investor to finance Abu Tartour-Safaga railway - 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The consortium will reconstruct the railway cargo line and\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574887,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/italian-bank-seeks-govt-guarantee-for-railway-loan\/","url_meta":{"origin":596367,"position":2},"title":"Italian bank seeks gov\u2019t guarantee for railway loan","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"An unnamed Italian bank has requested that the oil or transport ministry issue a letter of guarantee for a potential USD 300 mn loan for a consortium working on the Abu Tartour-Qena freight railway line, Al Mal reports, citing unnamed sources in the know. The cabinet will look into the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638436,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/govt-adamant-about-implementing-cairo-metro-price-increases-in-a-year-or-two\/","url_meta":{"origin":596367,"position":3},"title":"Gov\u2019t adamant about implementing Cairo Metro price increases in a year or two","author":"enterpriseam admin","date":"4 October 2017","format":false,"excerpt":"The Ismail government is adamant that ticket prices on the Cairo Metro will rise as soon as an in-progress overhaul of the mass transport system is completed in a year or two, Transportation Minister Hisham Arafat said at a forum on the logistics sector held by the American Chamber of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630100,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/","url_meta":{"origin":596367,"position":4},"title":"Transport Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade","author":"enterpriseam admin","date":"11 April 2018","format":false,"excerpt":"The Transport Ministry is in talks with international finance institutions for a EUR 50-55 mn loan to finance upgrades to the 22-km Abu Qir-Alexandria rail line, sources tell Al Mal. 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