Business Egypt Emerging Markets Headlines

Egypt to buy 50 new locomotives from Siemens giant

Egypt Railway Authority is in the process of buying 50 new locomotives from German multinational conglomerate company as the most populated Arab country embarks modernizing its rail way sector. The deal which is in the pipeline according to Arab Finance Brokerage includes maintenance works for 50 of Siemens Henschel, a model that has been efficiently […]

Business Energy

Tunisia: Phosphate transportation back into service

The Tunisian ministry of transport has announced and made public on Thursday the information that the railway from the Redeyef mine has begun service since the 19th of this month. The railway transports phosphate from the mine site but has been laying idle for almost two years. It is run by the state owned Tunisian […]