Latest in Tag: Transport Highlight
Latest in Tag: Transport

78% of Egypt’s 1st electric railway project complete: Transport Minister
First two phases of electric railway expected to be finalised by October 2021, says Kamel El-Wazir

Egypt accelerating towards renaissance in transport sector: Prime Minister
Egypt’s Prime Minister Mostafa Madbouly said, on Wednesday, that Egypt is accelerating towards a renaissance in different sectors, particularly its transport sector.

Planning Minister approves allocations of EGP 450m for transport development in 2020/21
Egypt leapfrogged from 118th in 2014 to 28th globally in 2019 in terms of road, infrastructure quality

Egypt, Jordan, and Iraq consider launching unified transport ticketing system
Cairo hosts Arab Bridge Maritime’s 75th general assembly meeting

HCMLT, ERA to establish integrated goods transport joint venture
New company to combine various means of land and railway transport in moving goods, says Hisham Tawfik

Public Enterprises sector’s transport firms to merge under private management
Revival of Continental Hotel in Downtown Cairo and The Savoy Hotel in Luxor: Tawfik

Egypt, EIB discuss cooperation on transport, agriculture, health
Al-Mashat said meeting tackled how recently approved €1.1bn funding put towards financing 3 National Authority for Tunnels project

Public Enterprise, Transportation Ministers review developments in new multimodal transport company
Combining truck, rail services for transporting goods will provide fast, efficient, low cost integrated customer service, says Tawfik

Egypt’s ambulances transport 600 COVID-19 related cases daily: Official
557 ambulance vehicles have been allocated to coronavirus related cases

Dolphinus to import gas from Israel next January… Egypt to benefit from transport, handling fees
Gas transmission with reverse line from Ashkelon to El-Arish is completed, paving the way for Dolphinus to start imports according to informed sources

Egypt, Britain deliberate increasing investment in education, transport, entrepreneurship
The two sides discussed increasing cooperation between Egypt and Britain during the coming period in various fields and increasing British investments in Egypt, which reached $47.4bn, representing 1,816 British companies operating in Egypt.

Experimental transport network to connect all New Cairo’s neighbourhoods
Project comprises of 20 air-conditioned buses equipped with latest technology

Gasoline 95 price tied to Brent price, exchange rate, transport costs: Petroleum Ministry spokesperson
No intention to increase prices of other fuels until end of current fiscal year

10% increase in price of tickets for all trips to any area or tourist province
Tourist transport companies cannot take advantage of the initiatives and loans offered by banks, given the high interest rates, which reached 20%

Egytrans reveals long-term strategy to achieve growth, increase profits
Revenues expected to reach EGP 175m by Q4, says CEO

Mega Holding negotiates to acquire transport company for EGP 60m
The company targets acquisitions in a number of sectors

Banque Du Caire to invest EGP 700m in transport, electricity sectors: chairperson
The bank will focus on the energy and transport sectors in part due to the large social impact and for their alignment with the government’s development plans, according to al-Zahid

People will not choose public transport if it’s not attractive: UITP Secretary General
Developing mass transportation and eliminating informal sector are two main hurdles facing Cairo transport system, says Alain Flausch

Al-Sisi, Eni CEO discuss possibility of establishing gas hub
Both parties discussed forming a gas hub in eastern Mediterranean Sea to make Egyptian transport and export facilities available for nearby discoveries, says Italian giant

Transport, storage, adherence to standards among main obstacles facing food exports
Provision of land, infrastructure and tax exemptions are most prominent demands for development

Ministry of International Cooperation, AfDB sign $650,000 grant agreement
Finance is for first phase of initial feasibility studies needed to establish shipping line connecting Mediterranean Sea and Lake Victoria

Transport ministry offers 6 projects in Egypt Economic Summit at $2.5bn
Ministry of Transportation targets $2.5bn of investments through six opportunities to be presented at Economic Summit

EGP 3bn for Ministries of Supply, Transport, and Electricity: Minister of Finance
Finance to be given to enhance efficiency of the electricity distribution network to renewable energy power plants

MIGA offer $1bn new guarantees for cross-border investments in MENA region
We are ready to attract investors in power, infrastructure, transport, and agribusiness sectors, says CEO

Government to bolster transport system with EGP 1.4bn
Ministers agree on package to develop and reform transport system in wake of subsidies cut

Military looks to ‘ease burden’ of rising prices
Armed forces to provide food at discounted prices and bolster transportation system

Transport, logistics sector needs long-term plan: Milk Group chief
The proposed scheme should cover the development the transport system infrastructure, review economic policies and legislations and amend relevant laws to lure foreign capital for investment in the sector, Salam told Logistic.

Egypt considering relief for Palestinians
Egypt is currently making arrangements to transport Qatari-funded fuel to neighbouring Gaza

Maritime Transport Sector seeks to implement efficiency measures
The width of the canal is not expected to exceed 250 metres, and would be wide enough for just one ship to pass through at a time, a process which takes two hours back and forth.
Ministry of Transport finishes EGP 652.5m railroad and metro projects
Projects have also been proposed to upgrade the status of railway cars, including equipping 80 second class cars with air-conditioning at a cost of EGP 110m, along with plans to purchase 36 French railway cars, enough for four new trains, at a cost of EGP 48m.