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.
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Project comprises of 20 air-conditioned buses equipped with latest technology
No intention to increase prices of other fuels until end of current fiscal year
Tourist transport companies cannot take advantage of the initiatives and loans offered by banks, given the high interest rates, which reached 20%
Revenues expected to reach EGP 175m by Q4, says CEO
The company targets acquisitions in a number of sectors
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
Developing mass transportation and eliminating informal sector are two main hurdles facing Cairo transport system, says Alain Flausch
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
Provision of land, infrastructure and tax exemptions are most prominent demands for development
Finance is for first phase of initial feasibility studies needed to establish shipping line connecting Mediterranean Sea and Lake Victoria
Ministry of Transportation targets $2.5bn of investments through six opportunities to be presented at Economic Summit
Finance to be given to enhance efficiency of the electricity distribution network to renewable energy power plants
We are ready to attract investors in power, infrastructure, transport, and agribusiness sectors, says CEO
Ministers agree on package to develop and reform transport system in wake of subsidies cut
Armed forces to provide food at discounted prices and bolster transportation system
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 is currently making arrangements to transport Qatari-funded fuel to neighbouring Gaza
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.
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.
A super tram, smart card system, and railway institute are only a few examples of the Ministry of Transportations ambitious plans for the next fiscal year
The French development finance institution meets with transport minister to discuss further contributions to urban transport
Metro workers threatened to go on strike in solidarity with train workers if the conscription orders were not reversed
Presidential spokesperson: ‘unacceptable’ topic not mentioned in any meetings
The Ministry of Transport is studying the feasibility of raising the price of metro tickets by around a quarter. Currently EGP1, the new price would be between 125 to 150 piastres, Egyptian media has reported. Furthermore, the ministry is also considering cutting subsidies for public servants, students, the military and police. Egyptian media published contradictory …
Transport workers hold their strike after negotiations
Teachers, on strike since last week, vow not to return to work unless they receive wage raises, as the school-year begins
Cairo transport plan waiting for president’s approval