News tagged "Egypt"

Egypt has agreed US$ 1.2 bn light rail system deal

Egypt has agreed US$ 1.2 bn light rail system deal

18th January 2019

According to *Tradearabia news report, Egypt has agreed a $1.2 billion deal with the Export-Import Bank of China (EximBank) to finance a light rail system from an industrial city on the outskirts of Cairo to a new capital it is building, according to a Reuters report.[..]

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Egypt to invite US companies to pump more investments into projects

Egypt to invite US companies to pump more investments into projects

25th October 2018

According to *Daily News Egypt, President Abdel Fattah Al-Sisi called on American companies to visit the infrastructure projects carried out by the Egyptian government during the past period, such as the New Administrative Capital and the New Suez Canal, according to Tarek Tawfik, head of the American Chamber of Commerce in Cairo (AmCham).[..]

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