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Egypt secured Sunday a credit line worth €145 million from the African Development Bank (AfDB) to improve its railway system in the wake of a string of deadly train accidents. The financing was signed between the Minister of International Cooperation Read more
King Mohammed VI of Morocco and French President Emmanuel Macron proceeded Thursday from the revamped railway station in Tangier to the official launch of Africa’s first high-speed train. The two leaders were offered the first two tickets of the brand Read more
Saudi Arabia Wednesday awarded three contracts worth $14 billion for the expansion and the modernization of its railway network after the inauguration last month of its first high speed train, Haramain. The first Land Bridge project, worth $10.6-billion, will link Read more
A Russian-led joint venture group will develop Egypt’s railway infrastructure project and will provide 1,300 new train cars worth $1.2 billion. The Egyptian government has awarded TransMach Holding, which heads a Hungarian joint venture group, the manufacture and supply of Read more
Construction of a 25km-long causeway between Bahrain and the regional power Saudi Arabia will kick-start mid2021, Saudi envoy to Bahrain has told media. The project, to cost between $3 and $4 billion, will be put out to tender end of Read more
The French company specialized in integrated railway systems will develop the Iraqi capital train project and the city of Basra’s metro system project. A Memorandum of Understanding (MoU) between the Iraqi government and the company was signed Thursday in Baghdad, Read more
Canadian plane and train maker Bombardier has unveiled a plan to set up a railway cluster in Morocco to serve as an industrial platform to provide services to African countries. The goal of Bombardier Transportation cluster to be established in Read more
A contract worth almost more than $155 million for the designing and consulting of the construction of Oman’s first major railway has nine international companies or groups lining up their bids according to a tender board official. Most of the Read more