Orascom Construction, Colas Rail, Hitachi Rail Secure Contract to Upgrade Cairo Metro Line 1 Systems

Orascom Construction PLC has announced that its consortium with Colas Rail and Hitachi Rail has inked a contract with the National Authority for Tunnels (NAT) to modernize Cairo Metro Line 1, Invest-Gate reports.

EIB Nods EUR 1.9 bn Loan for Egypt’s Public Transport, SMEs

The European Investment Bank (EIB) has agreed to provide EUR 1.9 bn (EGP 34.7 bn) in financing to support the development of Egypt's public transportation and back investment by COVID-hit companies, namely small- ...

France Underpins Egypt’s Energy Sector with EUR 151 mn

Minister of International Cooperation Rania Al-Mashat and the Agence Française de Développement (AFD) have agreed on a grant worth EUR 151 mn (EGP 2.75 bn) for enhancing the Egyptian energy sector's financial sust ...

Egypt, AFD Ink EUR 50 mn Deal to Revamp Cairo Metro Line I

Minister of International Cooperation Rania Al-Mashat has signed a EUR 50 mn (EGP 912.6 mn) agreement with Agence Française de Développement (AFD) to finance the upgrading of Cairo Metro Line I.

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