Stricter penalties urged on FX real estate purchases
This past week was filled with a wide range of events, situations, and emotions, from uplifting and inspirational…
Browsing Tag
Hisham Arafat
Egypt’s Amer Group names ex-transport minister Hisham Arafat new CEO
Egypt’s property developer Amer Group announced on Monday it had named former transport minister Hisham Arafat as…
Sisi names Major General Kamel al-Wazir as transport minister
Egypt’s President Abdel Fattah El-Sisi said on Sunday he had nominated Major General Kamel Al-Wazir as transport…
Egypt’s Transportation Minister resigns after train blaze
Egypt's Transportation Minister Hisham Arafat on Wednesday submitted his resignation to Prime Minister Moustafa…
Egypt secures $1.2bn from China’s EximBank for electric rail to new capital
Egypt says it has secured a $1.2 billion deal with the Export-Import Bank of China (EximBank) to finance an…
Egypt’s transport networks upgrade catalyst for national development
Egypt's Minister of Transport Hisham Arafat said Saturday that upgrading transport networks and infrastructure is a…
Egypt hope to establish railway axes with Africa: minister
Egypt is seeking to establish a longitudinal railway axes to link Egypt and Africa, in conjunction with Egypt…
Safaga-Marsa Alam road project costs 1.5 bln Egyptian pounds
Egypt's Minister of Transport Hisham Arafat said work on doubling Safaga road in the direction Marsa Alam for a…
Govt. to implement rail line linking Egypt, Sudan
The Egyptian government is planning to establish a rail line linking Sidi Gaber district in Alexandria, the…
Sisi’s visit to Russia to promote cooperation in transport field
Egyptian Transport Minister Hisham Arafat said on Friday that President Abdel Fattah El Sisi's upcoming visit to…
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…
Alexandria Port Authority’s revenues rise to EGP 4.803 bln in FY2019
Egypt’s Minister of Transport Hisham Arafat said on Tuesday the revenues of Alexandria Port Authority (APA) rose…
Egypt signs South Korea deal to buy 32 air-conditioned subway trains
Egypt has signed a multi-million euro deal with South Korea to buy 32 air-conditioned subway trains for the Cairo…
Egypt lining up to upgrade railway signalling
Minister of Transport Hisham Arafat on Tuesday had talks with a delegation of the French Alstom company which is…
Egypt to revamp railways with 55bn pounds investments up to 2022: minister
Egypt's Minister of Transport Hisham Arafat has announced a project to revamp the national railway network, with…
Minister: Egypt completes 22.5bn pounds bridge, road flagships in 3yrs
Egypt spent 22.5 billion Egyptian pounds on roads and bridges that were competed between 2014 and 2017, Transport…
Egypt to hike railway ticket prices by 20-25%, larger increases for suburban lines
Egypt's Transportation Ministry is planning to increase railway ticket prices by up to 20-25 percent for certain…
Egypt’s Cabinet drafts first major reforms to traffic laws in 44 years
Egypt's Transport Minister Hisham Arafat announced on Wednesday that the Cabinet has approved a draft traffic law…
Egypt plans to complete railway system upgrade by 2022: ministry spokesman
Egypt hopes to complete a plan to modernise the country’s railway system infrastructure by 2022, Transport Ministry…
Manual-operation system caused Egypt’s deadly train crash: minister
Egypt's Transport Minister Hisham Arafat said on Saturday that a deadly train collision in Alexandria on Friday was…
Egyptian Cabinet approves EBRD’s €100 million railway financing deal
Egyptian Cabinet has approved Wednesday a three-year €100 million financing agreement signed with the European Bank…
Egypt to raise metro ticket prices by 100% in 2018: minister
Egypt plans to double the price of tickets for millions of commuters on Cairo’s loss-making metro by 100 percent in…
Egypt signs €290 mln deal with EBRD to purchase 100 locomotives
Egypt and the European Bank for Reconstruction and Development (EBRD) signed Monday a €290 million ($324 million)…
Egypt, General Electric ink $575 mln deal for 100 multi-use locomotives
Egypt signed Saturday a $575 million agreement with General Electric Co for GE to provide 100 new multi-use…
Egypt to launch third phase of national road scheme in early FY2017/18: minister
Works on the third phase of Egypt’s National Roads Project will start by the beginning of financial year 2017/2018,…