News
10 August 2022

Egypt's high speed rail deal to close year-end

In:
Transport
Region:
Middle East & Africa

Sponsors of phase one of the 1800km high speed train line across the north of Egypt — Siemens Mobility, Orascom Construction and the Arab Contractors — are expected to reach financial close on the roughly $2 billion Euler Hermes/SACE-covered financing backing the scheme by year-end. MLAs...

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