Trial Operation of Egypt’s 1st Monorail Set in Mid-2021: Minister

Transport Minister Kamel El Wazir has announced that the trial operation of Egypt's first monorail, which connects El Salam City with the New Administrative Capital (NAC) and 10th of Ramadan City, will kick off ar ...

Orascom Construction Sees 8.2% Rise in H1 2020 Revenues

Orascom Construction has unveiled posting an 8.2% YoY rise to USD 1.6 mn (EGP 25.8 mn) in its H1 2020 revenues, compared to USD 1.5 mn (EGP 23.7 mn) in the year-ago period, despite falling short in profitability. ...

Orascom Breaks Ground on Egypt’s 1st Monorail Line

A consortium made up of Orascom Construction, Arab Contractors, and Bombardier Transportation has broken ground on Egypt's first-ever monorail line, which will connect east Cairo and the New Administrative Capital ...

K&A Named Advisor for Egypt’s USD 4.5 bn Monorail Project

Multidisciplinary design consultancy Khatib & Alami (K&A) has been named the lead government transaction advisor on the construction, financing, and operations of the planned USD 4.5 bn monorail project, linking e ...

Egypt, Bombardier Agree on EUR 3 bn Monorail Project

Egypt partnered on August 4 with Canada’s Bombardier Transportation for planned EUR 3 bn monorail project, linking 6th of October City to the New Administrative Capital (NAC)

Bombardier-Led Consortium Ideal Bidder for EUR 3 bn Monorail Project

A consortium of Orascom Construction, Arab Contractors, and Bombardier Transportation was selected as the preferred bidder to carry out a EUR 3 bn (USD 3.36 bn) monorail project, linking 6th of October City to the ...

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