Featured Egypt’s transport services operating normally after earthquake Aya Anwar Aug 3, 2026 0 Egypt's Ministry of Transport confirmed that all transport facilities and services are operating normally and were…
Industry & Trade Egypt’s Cabinet approves Japan-backed first phase of Cairo Metro Line 4 Aya Anwar Oct 22, 2025 0 Egypt’s Cabinet on Wednesday approved a presidential decree formalising exchanged letters with Japan to implement…
Egypt News Egypt signs financing deal with Japan’s JICA for Cairo Metro Line 4 Yomna Yasser Sep 24, 2025 0 Egypt signed a financing agreement with Japan's International Cooperation Agency (JICA) on Wednesday for the fourth…
Egypt News Egypt signs train maintenance, upgrade contracts with Spain’s CAF Yomna Yasser Sep 18, 2025 0 Egypt signed on Thursday three contracts with Spanish rail company CAF to rehabilitate and maintain Cairo Metro…
Egypt News Egypt’s PM, JICA chief discuss boosting investment, education ties at TICAD 9 Nada Ali Aug 21, 2025 0 Egyptian Prime Minister Moustafa Madbouly met on Thursday with Japan International Cooperation Agency (JICA)…
Banks Egypt ratifies annex to EIB cooperation agreement on Metro Line 2 Aya Anwar Aug 7, 2025 0 Egypt’s President issued Decree No. 116 of 2025 approving Annex No. (1) to the cooperation agreement on the…
Featured Egypt’s Sisi, France’s Macron visit Adly Mansour transport hub in Cairo M.S. Salama Apr 7, 2025 0 Egypt's President Abdel Fattah El Sisi and French President Emmanuel Macron visited the Adly Mansour Interchange…
Banks Arab Bank signs EGP 4.2 bln deal to fund Greater Cairo Metro Nada Ali Jan 16, 2024 0 The Arab Bank signed a 4.2 billion Egyptian pounds cooperation agreement with Orascom Construction Company for…
Tech/AI Alstom to build industrial complex in Egypt Sama Mousa Jul 6, 2023 0 The Egyptian cabinet approved on Wednesday a proposal from France’s Alstom to build an industrial complex in…
Money Egypt signs $301 million deal with Japan’s JICA for Cairo Metro line 4 Yomna Yasser Dec 28, 2022 0 Egypt signed on Tuesday an agreement with the Japan International Cooperation Agency (JICA) to disburse the second…
Featured COP27: Egypt secures $2.24bln for sustainability projects Nada Ali Nov 9, 2022 0 Egypt’s Ministry of International Cooperation has revealed on Tuesday that it has secured development loans and…
Featured Mitsubishi offers to develop 32 trains for Cairo Metro Line 1 Nada Ali Oct 11, 2022 0 Mitsubishi Heavy Industries, Ltd. (MHI) has submitted a €200 million ($194 million) technical and financial offer…
Featured Alstom signs €876 million contract for Cairo Metro Line 1 Amwal Al Ghad English Nov 9, 2021 0 French train manufacturer Alstom signed on Monday an 8-year maintenance €876 million ($1.01 billion) contract with…
Money EBRD studies €250 million sovereign loan to upgrade Egypt’s Cairo Metro line 2 Amwal Al Ghad English Sep 12, 2021 0 The European Bank for Reconstruction and Development (EBRD) announced on Thursday it is studying directing a…
Featured Egypt to increase metro fares starting Monday – minister Amwal Al Ghad English Aug 17, 2020 0 Cairo metro fares for all lines will be increased starting Monday, said Egyptian Transportation Minister Kamel…
Featured Egypt to invest EGP3.5bln into Cairo 4th metro line construction during FY2020/21 Amwal Al Ghad English Aug 4, 2020 0 Egypt plans to invest 3.5 billion Egyptian pounds during FY2020/2021 on the construction works of the first phase…
Money Arab Contractors halts works on Cairo Metro line 3 for a week due to coronavirus Marwa himdan Mar 23, 2020 0 Egypt’s Arab Contractors (AC) announced on Monday it would suspend works on the fourth phase of Cairo Metro line 3…
Featured Cairo’s first metro line operational after 45 minute delay – official Amwal Al Ghad English Jul 22, 2019 0 Cairo's first metro line, which was disrupted for 45 minutes on Sunday following an emergency technical error, is…
Money EIB offers Egypt €1.2 million for second Cairo metro line Marwa himdan Jul 3, 2019 0 The European Investment Bank (EIB), the EU's lending institution, is offering a €1.2 million ($1.4 million) to…
Featured EBRD approves €205 mln loan for Cairo Metro upgrade Amwal Al Ghad English Dec 5, 2018 0 Egypt's Transportation Ministry said on Tuesday the European Bank for Reconstruction and Development (EBRD) will…
Financial Institutions France’s AFD Oks €50 mln loan for Cairo Metro Line 1 Marwa himdan Sep 3, 2018 0 France’s state development agency AFD approved on Sunday a loan of €50 million ($58 million) to finance…
Featured Egypt signs South Korea deal to buy 32 air-conditioned subway trains Amwal Al Ghad English Aug 27, 2018 0 Egypt has signed a multi-million euro deal with South Korea to buy 32 air-conditioned subway trains for the Cairo…
Featured Egypt sets $21.6 bln for metro upgrade in four-year scheme Amwal Al Ghad English Aug 25, 2018 0 Egypt’s government has decided to invest around 386 billion Egyptian pounds ($21.6 billion) over the next four…
Banks Egypt signs €205 mln EBRD loan to renovate oldest metro line Ahmed Fayez Aug 1, 2018 0 Egypt has signed a €205 million ($239 million) loan with the European Bank for Reconstruction and Development…
Featured Egypt receives first disbursal of foreign loans for Cairo metro line Marwa himdan Jul 11, 2018 0 Egypt’s National Authority for Tunnels (NAT) has received the first disbursal of foreign loans designed to finance…
Featured Drilling operations launched on phase III of Cairo metro’s third line nada nasser May 24, 2018 0 In an inaugural ceremony on Wednesday, Egypt launched drilling operations on the third phase of the Cairo metro's…
Featured Cairo metro tickets now available at Fawry branches Amwal Al Ghad English May 21, 2018 0 Dozens of outlets in Cairo for the digital payment service Fawry are now selling metro tickets in an effort to…
Industry & Trade Cairo Metro raises ticket prices to 3-7 Egyptian pounds nada nasser May 12, 2018 0 The Egyptian Company for Metro Management and Operation said ticket prices, which was previously set at 2 Egyptian…
Industry & Trade Three coalitions offer to carry out Cairo metro’s 5th line Yomna Yasser Dec 25, 2017 0 Three foreign coalitions offered to execute the construction of the fifth metro line in Greater Cairo stretching…
Industry & Trade Construction of Cairo metro’s fourth line infrastructure to begin in December Yomna Yasser Dec 4, 2017 0 Egypt’s Ministry of Transportation approved on Sunday a bid by Japanese-Egyptian consortium Tizi-Orascom to carry…
Egypt News Future metro ticket price increase under study: Cairo Metro Company REA Yomna Yasser Nov 14, 2017 0 No decision has yet been made to increase Cairo Metro ticket prices further, though they may be raised after a…
Financial Institutions Cairo metro to announce winner of marine cargo insurance tender on Tuesday Yomna Yasser Jul 31, 2017 0 Egypt’s metro authority will announce the winner of its marine cargo insurance tender on Tuesday. Misr Insurance,…
Industry & Trade Canada’s Bombardier signs $4 billion deal to build Cairo metro sixth line Yomna Yasser Jul 11, 2017 0 Egypt signed Tuesday a memorandum of understanding with Canadian plane and train manufacturer Bombardier Inc to…
Industry & Trade Canadian firm to sign initial funding deal for Cairo metro sixth line on Tuesday Yomna Yasser Jul 10, 2017 0 One of the Canadian firms is to sign Tuesday an initial contract with the Egyptian National Authority for Tunnels…
Industry & Trade Canadian company offers to finance Cairo’s sixth metro line Yomna Yasser Apr 23, 2017 0 A Canadian firm is seeking to take part in financing Cairo’s sixth metro line by securing soft loans, Egyptian…
Egypt News Cairo Metro Company unable to pay electricity, water, maintenance bills Yomna Yasser Mar 15, 2017 0 Cairo Metro Company is failing to cover maintenance, electricity and water expenses due to a lack of resources,…
Financial Institutions South Korea’s Hyundai Rotem offers soft financing for Cairo metro line Yomna Yasser Jan 1, 2017 0 South Korean Hyundai Rotem, part of the Hyundai Motor Group, is offering the Egyptian government a soft financing…
Industry & Trade Cairo Metro to launch $1.5 billion tender for new trains early 2017 Yomna Yasser Nov 12, 2016 0 Egyptian state-owned railway management firm is planning to put the purchase of 13 new trains for Cairo Metro’s…
Banks Egypt signs €75 million EIB deal for metro line Yomna Yasser Oct 23, 2016 0 Egypt has signed Sunday a €75 million ($81.6 million) agreement with the European Investment Bank (EIB) to fund the…
Banks Egypt Cabinet endorses EIB’s Cairo Metro Line II loan deal Yomna Yasser Jun 9, 2016 0 Egyptian Cabinet has approved Wednesday an European Investment Bank (EIB) soft loan deal to finance the purchase of…