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Monday, 5 August 2019

Bombardier’s monorail agreement was the talk of town last night

Egypt signed contracts with Canada’s Bombardier Transportation for planned monorail projects yesterday, Masaa DMC’s Eman El Hosary highlighted (watch, runtime: 02:53). A consortium made up of Bombardier, Orascom Construction and Arab Contractors will build, operate, maintain the new monorail lines for a 30-year period, El Hekaya’s Amr Adib noted (watch, runtime: 10:48). We have more on this in our Speed Round, below.

El Sisi urges gov’t to step up efforts to promote auto manufacturing: President Abdel Fattah El Sisi discussed with relevant officials yesterday the latest efforts to improve and restructure the country’s transportation system, Al Hayah Al Youm’s Khaled Abu Bakr said (watch, runtime: 02:42). The president also stressed the importance to shift focus from auto assembly to manufacturing, Abu Bakr cited the presidential spokesman as saying.

Out of mns of Kramers, we finally have one who owned up: Just when you start to think Mother Teresa was the last of the righteous, along comes the first-ever Egyptian to make an official request to the supply minister to be removed from the nation’s subsidy rolls on grounds that he is “unworthy,” advisor to the minister for information systems Amr Madkour told Al Youm’s Sara Hazem (watch runtime, 7:40). This came after Supply Minister Aly El Moselhy announced over the weekend that the government has started the fourth phase of the Great Subsidy Rolls Purge, which aim to remove another 400k Kramers from the subsidy program by outlining new eligibility criteria.

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