{"id":671196,"date":"2025-09-02T00:00:00","date_gmt":"2025-09-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/02\/govt-to-carry-out-egp-5-bn-emergency-rail-maintenance\/"},"modified":"2025-09-02T00:00:00","modified_gmt":"2025-09-02T00:00:00","slug":"govt-to-carry-out-egp-5-bn-emergency-rail-maintenance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/02\/govt-to-carry-out-egp-5-bn-emergency-rail-maintenance\/","title":{"rendered":"Gov\u2019t to carry out EGP 5 bn emergency rail maintenance"},"content":{"rendered":"<p class=\"tag-border-left\">INFRASTRUCTURE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Egypt will spend EGP 5 bn on emergency rail maintenance following the <\/strong><strong>Matrouh train derailment<\/strong> over the weekend that killed three and injured over 90 people, <a target=\"_blank\" href=\"https:\/\/x.com\/AsharqbEGY\/status\/1962126644983771579\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing an unnamed government source. A supreme committee will conduct technical inspections of tracks and maintenance facilities to ensure safety measures are in place.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ENERGY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The government <\/strong><strong><a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/power\/96351\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D9%85%D8%AD-%D9%84-%D8%B4%D9%84-%D9%88%D8%A8%D8%AA%D8%B1%D9%88%D9%86%D8%A7%D8%B3-%D8%A8%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1-%D8%B4%D8%AD%D9%86%D8%AA%D9%8A-%D8%BA%D8%A7%D8%B2-%D9%85%D8%B3%D8%A7%D9%84\/\" style=\"\" rel=\"noopener\">plans<\/a><\/strong> <strong> on giving Shell and Petronas the green light to export two LNG cargos from the Idku liquefaction plant this month and the next. <\/strong>Each cargo will carry about 165k cbm of LNG \u2014 roughly 3.5 bcf of gas.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But why? <\/strong>Despite local gas output falling to a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3ac82391-3aea-4694-81c3-da5efbcad6fc\/oil-output-drops-to-four-decade-low-in-2q-2025\" style=\"\" rel=\"noopener\">nine-year low<\/a> in 2Q 2025, the Madbouly government believes the move to resume LNG exports will encourage international firms to increase their investment in the sector, the source said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Real estate developer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/daralalamia.com\/\" style=\"\" rel=\"noopener\">Dar Al Alamia<\/a><\/strong><strong> launched its EGP 7 bn residential <\/strong><strong>project Acasa Alma<\/strong>, the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/87.pdf\" style=\"\" rel=\"noopener\">statement<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/87.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. The New Cairo project is on a 16-feddan plot and will feature low-density residential units, a clubhouse, cycling and jogging tracks, a swimming pool, and service areas. Delivery is expected within four years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">NBFS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Five NBFS pla<\/strong><strong>yers secure licenses: <\/strong>The Financial Regulatory Authority (FRA) granted licenses for five NBFS players to establish real estate and investment funds or begin non-banking financial services operations, according to a <a target=\"_blank\" href=\"https:\/\/fra.gov.eg\/fra_news\/%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d8%aa%d8%b5%d8%af%d8%b1-%d9%82%d8%b1%d8%a7%d8%b1%d8%a7%d8%aa-%d9%84%d9%80-8-%d8%b4%d8%b1%d9%83%d8%a7%d8%aa-%d8%aa\/\" style=\"\" rel=\"noopener\">statement<\/a> from the authority. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who received the licenses?<\/strong> <a target=\"_blank\" href=\"https:\/\/www.bokra.com\/\" style=\"\" rel=\"noopener\">Bokra Holding<\/a> secured its licenses to establish the Bokra Private Equity Investment Fund and the Bokra Venture Capital Investment Fund, as well as to begin operations on its Bokra Metals Investment Fund. Madinet Masr\u2019s Safe got the green light to establish its Safe Real Estate Fund and a securities underwriting and promotion arm, while <a target=\"_blank\" href=\"https:\/\/sahlpay.app\/\" style=\"\" rel=\"noopener\">Sahl<\/a> secured a license to offer SME financing. Finally, <a target=\"_blank\" href=\"https:\/\/act-fin.com\/\" style=\"\" rel=\"noopener\">Act Financial<\/a> got the green light to operate investment funds independently or with third parties, and <a target=\"_blank\" href=\"https:\/\/sadaraholding.com\/\" style=\"\" rel=\"noopener\">Sadara Holding<\/a> is now allowed to expand its services to include securities underwriting and promotion.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">INS.-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EFG Finance and GB Corp joint venture <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.kaf.com.eg\/\" style=\"\" rel=\"noopener\">Kaf Insurance<\/a><\/strong><strong> launched a new <\/strong><strong>digital pension platform targeting corporates and their employees<\/strong>, expanding its suite of benefits beyond health and life ins., the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/74.pdf\" style=\"\" rel=\"noopener\">statement<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/74.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. The product allows employees to track contributions, investment returns, and savings across multiple asset classes \u2014 including equities, fixed income, USD-based funds, and gold \u2014 while offering HR departments real-time dashboards to manage pensions efficiently.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cFor too long, employees have seen pensions as a negative (a deduction on their monthly payslip). Our tool, by applying some principles from gamification, turns this dynamic on its head and boosts employee engagement, motivation, and appreciation of this valuable benefit,\u201d Kaf CEO Sohail Ali said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Five NBFS players secure licenses from the FRA<\/p>\n","protected":false},"author":1,"featured_media":671197,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,7107,72,76,12205,7111,181,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-efg-holding","tag-enterpriseam","tag-financial-regulatory-authority","tag-gb-holding","tag-infrastructure","tag-insurance","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"066ab2ba-1791-4769-a387-7914dfed2a2d","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/95.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt to carry out EGP 5 bn emergency rail maintenance","related_issue":[671178],"teaser":"PLUS- Five NBFS players secure licenses from the FRA","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.fd49176b-ded8-4a3b-8ea9-9c5a737b7908.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Companies who apply will receive payment either at the end of February, the end of April or the\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592503,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/07\/are-state-energy-firms-getting-egp-20-bn-in-loans-to-address-the-energy-crisis\/","url_meta":{"origin":671196,"position":1},"title":"Are state energy firms getting EGP 20 bn in loans to address the energy crisis?","author":"enterpriseam admin","date":"7 August 2023","format":false,"excerpt":"Half the money will go to power plant maintenance, and half to mazut imports","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/244.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567952,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/","url_meta":{"origin":671196,"position":2},"title":"Also on our radar on 13 December 2020","author":"enterpriseam admin","date":"13 December 2020","format":false,"excerpt":"The impact of covid on air travel is becoming clearer: EgyptAir Holding Company plans to restructure its EGP 10 bn in debt owed to foreign lenders, Chairman Roshdy Zakaria said. 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The company also plans to raise its issued capital by EGP 100 mn to EGP 453.65 mn through the issuance of 200 mn freeshares as a\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554295,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/food-industries-holding-factories-could-get-a-egp-6-bn-ppp-overhaul\/","url_meta":{"origin":671196,"position":5},"title":"Food Industries Holding factories could get a EGP 6 bn PPP overhaul","author":"enterpriseam admin","date":"28 December 2021","format":false,"excerpt":"Food Industries Holding Co factories could get a EGP 6 bn PPP overhaul: The Supply Ministry is considering partnering up with the private sector to establish four new industrial complexes for food production with investments of EGP 6 bn over the next three to five years, Hapi Journal quoted Supply\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"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\/671196","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=671196"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671196\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/671178"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671197"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671196"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671196"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}