The minister of transport also presented other investment opportunities.
The company is aimed at renewing locomotives.
There is a LE2-billion increase compared to the current fiscal year.
The contracts were signed after a meeting with President Abdel Fatah al-Sisi that took place last week.
How Egypt’s vocational training programs are evolving.
The MoU is considered a first step towards signing a contract between the National Organization for Military Production and Newton.
Saudi Aramco is expected to shut down its condensate splitter at its Ras Tanura refinery by the end of November for a month for planned maintenance work.
Gharib Sonbol, the head of the Central Department of Restoration and Maintenance in the Ministry of Antiquities, said that 95% of the maintenance and restoration work of the Djoser pyramid