Transportation
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Government
The Minister of Transport Inspects The Light Railway Transit (LRT)
Tuesday, 17 August 2021
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).
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Government
Gov’t Follows up on Roads Network in New Damietta
Monday, 18 January 2021
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.
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Government
Egypt Kicks Off FY 2020/21 with Largest-Ever State Budget
Thursday, 2 July 2020
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.
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Government
Breaking News: Restrictions to Ease for Dining, Recreational Activities
Tuesday, 23 June 2020
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.
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Investment
EIB Endows EUR 122.7 mn for Egypt’s Sanitation, Transport Sectors
Thursday, 18 June 2020
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).
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Government
Gov’t Finalizes Almost 1,800 Development Projects in Upper Egypt
Sunday, 7 June 2020
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.
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Infrastructure
EIB Eyes EUR 90 mn Loan to Refine Tanta-Damietta Railway
Wednesday, 30 October 2019
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.
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Infrastructure
Alexandria’s Mahmoudia Axis Gears to Inaugurate Mid-2019
Monday, 3 June 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
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Infrastructure
Egypt, China Ink Deal to Fund USD 1.2 bn Electric Train Project
Wednesday, 2 January 2019
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.
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Government
Madbouly Orders Establishing Transport Regulation Unit for New Cities
Thursday, 6 December 2018
Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has issued a ministerial decree for the establishment of a unit to organize the new cities' transport networks
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Last Modified January 3, 2022