The EIB has approved €16.6bn of new financing for projects across Europe and around the world. This includes over €10bn of coronavirus-related investment to improve public health, strengthen public services, and back investment by companies in sectors hit by the pandemic.
Latest in Tag: public transport Highlight
Latest in Tag: public transport
Al-Sisi noted that the cost of converting diesel run cars to natural gas would cost about EGP 8bn
Companies highlight lack of facilities given state-imposed restrictions, precautionary measures
Initiative to extend to Giza on 15-16 May
Public transport has been one of the sectors most affected by the pandemic, with companies stressing the difficulty of their role since the virus started spreading in Egypt.
The companies have lost over 75% of their revenues due to the government’s precautionary measures, alongside the suspension of schools and the tendency to reduce the number of employees working in office, which all affected the size of daily commuters.
The number of vehicles owned by governmental companies and public transport authorities reached 8,900 vehicles in 2016/2017, including 2,800 air-conditioned vehicles and 6,100 ordinary buses, compared to 8,800 vehicles in 2015/2016, marking an increase of 0.5%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). On Sunday, the CAPMAS issued its annual bulletin …
Agreement will improve issuing tickets, reduce metro station operational costs
All-female scooter clubs set to challenge social norms and encourage independence
By Heba Fahmy CAIRO: Public transport workers moved an open strike to parliament on Wednesday, reiterating their demand to include the Public Transportation Authority (PTA) under the Ministry of Transport like other train and metro workers. The workers accused the PTA of ripping them off and violating their rights, facilitated by the lack of direct supervision …
By Mennatallah Youssef and Mai Shams El-Din CAIRO: Public transport workers resumed a strike suspended months ago in the authority’s 24 garages across Cairo and Giza, with plans to move their strike to parliament this Wednesday if their demands are not addressed by the government. The Public Transportation Authority (PTA) declined to meet the demands in …
By Reem Abdellatif CAIRO: Egypt accepted a $393 million loan from the Japan International Cooperation Agency (JICA) to begin developing the first phase of Cairo’s fourth metro line, officials said Monday. This first tranche, worth about 32.717 billion Japanese Yen, is part of the initial loan package, worth an estimated $1.2 billion overall, according to Ashraf …