News

Egypt’s National Railway Industries Company (NERIC) has signed a €275 million (approximately EGP 15.16 billion) agreement with the National Authority for Tunnels (NAT) on Saturday, 10 May, to manufacture and deliver 21 new metro trains for Alexandria’s upcoming electric metro line, according to a statement by the Egyptian cabinet. The contract, announced during Prime Minister Mostafa Madbouly’s visit to NERIC’s factory in East Port Said on Saturday, includes the supply of 189 railcars, spare parts, equipment, and a comprehensive…