Transportation Ministry to Operate from NAC in March
Kamel El Wazir, Transport Minister, uncovers that the ministry’s employees will work from the new headquarters located in the NAC, starting from March 2023.
The Minister of Transport Inspects The Light Railway Transit (LRT)
Minister of Transport, Kamel El Wazir, follows up on the implementation of the Light Railway Train (LRT) project (Salam City/New Administrative Capital (NAC) /10th of Ramadan City).
Gov’t Follows up on Roads Network in New Damietta
Head of New Damietta Development Authority Mohamed Ragab, accompanied by officials of the agency, inspects the work process of the new road network in New Damietta, Invest-Gate reports.
Egypt Kicks Off FY 2020/21 with Largest-Ever State Budget
Egypt's Ministry of Finance kicked off the FY 2020/21 state budget on July 1, estimated at EGP 2.2 trn, marking the largest in the country's history.
Breaking News: Restrictions to Ease for Dining, Recreational Activities
Egypt will reopen restaurants and cafés, along with cinemas and theatres, on June 27, on condition of operating at no more than 25% capacity, seemingly shortening nighttime curfew to begin from 12 midnight to 4 am ...
EIB Endows EUR 122.7 mn for Egypt’s Sanitation, Transport Sectors
Egypt has approved three funding agreements with the European Investment Bank (EIB) to finance local sanitation and transportation sectors at a combined value of EUR 122.7 mn (EGP 2.23 bn).
Gov’t Finalizes Almost 1,800 Development Projects in Upper Egypt
Sohag and Qena have seen 1,796 projects completed as part of the state's Upper Egypt Local Development Program, while 779 others are still underway.
EIB Eyes EUR 90 mn Loan to Refine Tanta-Damietta Railway
The European Investment Bank (EIB) considers extending an EUR 90 mn loan to refine the Tanta-Mansoura-Damietta rail line, which is currently undertaken by the Egyptian government at costs amounted to EUR 193 mn.
Alexandria’s Mahmoudia Axis Gears to Inaugurate Mid-2019
Alexandria's Mahmoudia Axis, one of the most important national projects undertaken by the Armed Forces Engineering Authority, is in preparation for its opening in mid-2019
Egypt, China Ink Deal to Fund USD 1.2 bn Electric Train Project
The Egyptian Transportation Ministry has signed a USD 1.2 bn loan agreement with Export-Import Bank of China (EXIM) to fund an electric train project that will make commuting across major areas much easier.
