Transportation Sector
The latest figures point to sustained recovery in the market, which began regaining momentum in February after a sharp 22.0 percent decline in January.
While a timeline was not provided, the initiatives are part of a larger strategy to foster the transition to greener, more cost-effective transportation solutions and support sustainable economic growth
Madbouly emphasized that the agreement signifies Egypt's commitment to developing the automobile industry
The development of the railway signal systems will minimize the duration between trains, and boosting the capacity of the network by increasing the number of trips per day.
The AMIC attributed the downtrend to the continued impact of the foreign currency shortage
The acquisition is now conditional on the approval of the shareholders at a general assembly meeting that will take place on 14 May, Mohamed Gamal Moharam, Chairman of Egytrans, said