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Tuesday, 20 February 2018

Sherif Ismail discusses cooperation opportunities with Siemens’ Kaeser

Prime Minister Sherif Ismail met yesterday with Siemens CEO Joe Kaeser to discuss options for cooperation on railway projects in Egypt, including establishing high-speed trains connecting Cairo to Upper Egypt and the Red Sea, Al Mal reports. Ismail and Kaeser also discussed the possibility of Egypt purchasing new locomotives from Siemens to upgrade the country’s railway network. Separately, Kaeser announced that Siemens will be signing an MoU with Ain Shams, Cairo, and Alexandria universities worth USD 120 mn for the universities to provide online technical courses for their students.

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