Foreigners in Egypt will be able to buy train tickets in U.S. dollars or euros starting from January 2023, Transport Minister Kamel al-Wazir announced on Sunday.
“New guidelines will go into force in January — train tickets will be sold to foreigners only for dollars or euros,” al-Wazir told TV channel MBC Egypt.
The minister explained that there has been a “considerable demand” from foreigners, who have booked more than 1,000 tickets in foreign currencies in the last few days.
The decision came in the light of a surge in black market exchange transactions at a time when Egypt is exerting efforts to secure foreign-currency liquidity, al-Wazir added.
The transport ministry plans to use the proceeds for the purchase of new trains from abroad, he added.
