One of the Latvian banks is bidding to finance a project to supply and manufacture 700 railway …
Tag:
Egyptian National Railways
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Banks
National Investment Bank studies $157.6 mln loan for Egypt railway authority
by Yomna Yasserby Yomna YasserState-run National Investment Bank of Egypt (NIB) is studying securing finances worth 1.4 billion Egyptian pounds ($157.6 …
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Egypt News
Hungary inks €900 mln deal to finance Egypt’s purchase of 700 train carriages
by Yomna Yasserby Yomna YasserEgypt has signed on Wednesday a letter of intent (LoI) with Hungary where the latter will finance …
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Industry & Trade
Siemens wins contract to modernise Egypt’s railway network
by Yomna Yasserby Yomna YasserGerman industrial conglomerate Siemens has won a contract by state-run Egyptian National Railways (ENR) to modernise 260km …
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Banks
National Investment Bank mulls $6.6mn finances for Egypt railway authority
by Yomna Yasserby Yomna YasserState-run National Investment Bank of Egypt (NIB) is considering securing a new financing worth 500 million Egyptian …
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Industry & Trade
Spain’s Talgo to establish high-speed rail lines in Egypt
by Yomna Yasserby Yomna YasserEgypt has signed Thursday a memorandum of understanding with Spain-based Talgo Company, one of the largest European …
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Industry & Trade
Siemens signs agreement to upgrade Egypt’s electrical railway systems
by Yomna Yasserby Yomna YasserState-run Egyptian National Railways (ENR) and German industrial giant Siemens have signed Thursday an agreement that aims …
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Egypt’s national rail service will trial a new, partially Egyptian-made train on Saturday afternoon, sending the train …
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The Egyptian National Railways signed a US$700-million agreement with China to finance and operate an electric train …
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Industry & Trade
Siemens to upgrade Egypt’s Electrical Railway Systems
by Yomna Yasserby Yomna YasserGerman industrial giant Siemens Aktiengesellschaft signed Monday a preliminary agreement to upgrade the Egyptian electrified railway signalling …