Egypt’s railway saw increased revenues, accidents in August

CAIRO – 24 September 2017: Revenues of the Egyptian Railway Authority increased to LE 173.9 million in August 2017, compared to LE169.8 million in August last year, according to figures from the Central Agency for Public Mobilization and Statistics (CAPMAS).

However August’s revenues fell compared to July when it reached LE 192.1 million. August, meanwhile, saw 111 accidents, an increase from the 75 accidents that took place in July.

The accidents in August left seven dead and one injured, the statistics agency said.
It added that the number of passengers of Egypt’s railway reached 17.4 million in August 2017, compared to 17.3 million in August 2016 and 23 million in July 2017.
Meanwhile, the volume of cargo transported through the railway last month stood at 261,000 tons.

In his meeting today with a delegation of British companies, Transport Minister Hisham Arafat reviewed possible investments in the railway sector, including plans to restructure the system to improve services.