Latest in Tag: Transport Highlight
Latest in Tag: Transport

Transic Smart Transport negotiating with government-owned company to manage transport fleet
The company plans to expand in Saudi Arabia, Jordan, and Pakistan with the closing of the first financing round

Egypt, Qatar discuss ways to enhance cooperation in transport
Meanwhile, Al-Wazir reviewed Egypt’s implementation of a comprehensive plan for the establishing of sustainable, environmentally friendly green transportation.

Egypt, UK discuss ways to advance transport cooperation
During the meeting, Al-Wazir expressed his ministry’s aspiration to maximise the benefit from British expertise in sustainable infrastructure projects and the transport sector because of its direct impact on infrastructure modernization.

Egyptian Transport Services receives initial acquisition bid of HA Utilities Holding
Offer aims to achieve local and regional expansion

Africa Finance Corporation directs investment into transport, logistics, renewables in Egypt: Sameh Shenouda
I am very keen to support AFC by diversifying geographically and doing more in Africa, says Shenouda

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