Railways
The second batch of the third batch of Transmashholding railcars will arrive at Alexandria Port next week.
Thirty-three railcars had been delivered over two batches in May and July.
Minister of Transportation Kamel al-Wazir revealed on Tuesday that the ministry plans to establish a company that manages rail freight transport.
The vehicles are coming from Russia after Egypt’s Railway Authority met all the conditions and demands set by Akzim Bank, the financer of this deal.
The Ministry of Transportation overhauled 217 train stations between 2014 and 2019, as well as 480.6 kilometers of railroads.
The UN Security Council has granted a sanctions exemption for the two Koreas to jointly conduct a survey on reconnecting railways across their border.
Sisi will visit Khartoum Thursday to attend the 24th summit with his Sudanese counterpart Omar al-Bashir to sign several agreements and memoranda.
The get-together tackled the importance of activating linkage between the two countries through railways. They also agreed on holding a joint technical committee in Khartoum.
The application aims to facilitate Egyptians' access to tickets, pointing out that the commission is seeking to launch another service through an internet.
Egypt, EBRD inked a €205 million ($238 million) deal to renovate the oldest line of Cairo’s metro system.
The ERA has issued an international tender in November 2017 to choose a company or alliance that will manufacture and supply new rail carriages
The Parliament’s general session, chaired by speaker Ali Abdel Aal, witnessed on Monday the final voting on five important laws.
The Cabinet approved during its Wednesday meeting eight-million-euro loan from Austria with grace period of 66 months to develop the railways.
The PM made railway proposals and both sides discussed the possibility of buying new tractors as part of upgrading the country's railway network.
Egypt is seeking to upgrade the infrastructure of railways; hence, it has stepped up several railway investments to improve its safety.
Ministry of Transport announced the manufacturing of 300 railway wagons in cooperation with the Arab Organization for Industrialization by the end of next year.
A wrap-up for the most prominent business news of the day.
Revenues of the Egyptian National Railways authority increased in October 2017 on a monthly and yearly basis.
Arafat on Monday discussed with Canadian Ambassador to Egypt Jess Dutton cooperation in the fields of railways, maritime transport and subways.
The Transport Ministry will work on developing 1,200 km of railways, with a cost of LE 21 million for each kilometer.