EIB Plans to Finance NAC’s Monorail Project

The European Investment Bank (EIB) eyes financing the monorail project that will link Greater Cairo 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 ...

UAE’s Nakheel Opens Monorail Station in The Palm

Residents and visitors at The Palm Jumeirah will now have better public transportation service, with one major station just opening up, Gulf News reports.

NUCA, Canadian Transportation Firm ink MoU for Monorail Project

Egypt’s New Urban Communities Authority (NUCA) and Canadian aerospace and transportation company Bombardier Inc. sign a memorandum of understanding (MoU) for a monorail project, Invest-Gate reports.

Cabinet Discusses Cairo Monorail Project with Canadian Company

The Egyptian government and Canada’s Bombardier Inc. have discussed plans to build a 35 kilometer monorail on the borders of Cairo, a project that was previously announced in mid-2015, Cabinet spokesperson Hossam Kaw ...

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