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Thursday, 15 July 2021

Also on our Radar: Alstom finishes automated rail signalling outside Assiut

Other things we’re keeping an eye on this morning:

  • French rail manufacturer Alstom has installed (pdf) an automated signalling system on the 15-km Quseia section of the Beni Suef-Assiut railway line.
  • The National Bank of Egypt (NBE) has rolled out (pdf) a new instant money transfer service that allows the state-owned bank’s customers to transfer funds to their prepaid debit cards through its ATMs nationwide.
  • Russia’s Transmashholding has delivered another 33 passenger rail cars to Egypt, bringing the total to 460 under the EUR 1.16 bn agreement that will see 1.3k cars sent to Egypt.

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