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.

Orascom’s Consortium Gets USD 800 mn Award for Cairo Metro Line IV

A consortium of Egypt-based Orascom Construction (OC) and Japanese conglomerate Mitsubishi Corporation was awarded a USD 800 mn (EGP 12.5 bn) contract to execute work on the first phase of the Cairo Metro Line IV. ...

Chinese Alliance Signs Deals for Egypt’s 1st LRT Project

Egypt has signed two agreements with a Chinese alliance for the execution of the second and third phases of the country's first light rail transit (LRT) project, connecting El Salam City and the New Administrative ...

Renovation of Alexandria’s Tramline to Begin in Early 2021: NAT

The National Authority for Tunnels (NAT) will begin transforming Alexandria's El Raml tramway network – the oldest tram system in Africa and one of the oldest in the world – into a metro line worth EUR 360 mn (EG ...

El-Sisi Inaugurates Phase IV of Cairo Metro Line III

President Abdel-Fattah El-Sisi has inaugurated Adly Mansour Metro Station, as part of the fourth phase of developing Cairo Metro Line III.

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- ...

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