EXCLUSIVE: Egypt names 8 state railway companies to go public
Egypt’s state-owned Egyptian National Railways (ENR) has chosen eight subsidiaries to sell their shares on the…
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Egyptian National Railways
Egypt sign contract to establish railway factory with Russian TMH International AG
The Egyptian National Railways (ENR) has signed a contract to build a sizable factory in the Abu Zaabal workshop…
Egypt signs World Bank $330 million loan to upgrade rail network
Egypt’s ministry of transport has recently signed a $300 million loan agreement with the World Bank geared towards…
Egypt to receive first of six high-trains from Spain’s Talgo in mid-November
Spanish train manufacturer Talgo announced on Tuesday its first of six trains would arrive in Egypt by…
Egypt launches international tender to purchase 100 locomotives – minister
Egypt has launched an international tender to buy 100 new train locomotives, Transport Minister Kamel al-Wazir…
Egypt’s railways inks historic deal for 1,300 train carriages in major revamp
Egyptian National Railways signed a deal on Tuesday with the Russian-Hungarian consortium Transmashholding to…
General Electric to sign Egypt railway system upgrade deal today
Egypt and U.S. conglomerate corporation General Electric (GE) will sign Saturday an agreement for the modernisation…
Latvia reviews financing offers to manufacture 700 railway carriages for Egypt
One of the Latvian banks is bidding to finance a project to supply and manufacture 700 railway carriages in favour…
National Investment Bank studies $157.6 mln loan for Egypt railway authority
State-run National Investment Bank of Egypt (NIB) is studying securing finances worth 1.4 billion Egyptian pounds…
Hungary inks €900 mln deal to finance Egypt’s purchase of 700 train carriages
Egypt has signed on Wednesday a letter of intent (LoI) with Hungary where the latter will finance its sale of 700…