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Referral of highway transportation companies to public prosecution for their agreement to raise prices: Competition Protection Authority

The Board of Directors of the Competition Protection and Prohibition of Monopolistic Practices Authority decided to refer some of the highway transportation companies in Damietta to the public prosecution after proving that they made three violations to the competition protection law through agreeing to increase the prices of the products. The Competition Protection and Prohibition …

Daily News Egypt

Transportation minister inspects developments of third metro line

Minister of Transportation Hesham Arafat held an inspection tour for the first and second part of the fourth stage of the metro’s third line, according to the ministry’s spokesperson, Mohamed Ezz. The tour started with a meeting with the executing companies. The minister directed the necessity of adhering to the schedule of implementation of the …

Daily News Egypt

World Bank funding study to restructure Egyptian Railway Authority

Assistant Transport Minister Amr Shaat said that the World Bank is financing and supervising a study for the administrative restructuring of the Egyptian Railway Authority (ERA). He explained that the comprehensive development plan will cost about EGP 56bn, including upgrading the railway signalling network with EGP 13bn in investments. The government recently opened the way …

Daily News Egypt

The Arab Contractors Federation, in conjunction with the French company Feense, is set to construct the new line’s civilian facilities (Photo: Courtesy of Facebook Fan Page)

Construction on 3rd phase of Cairo metro line 3 begins

Prime Minister Sherif Ismail witnessed on Wednesday the construction launch for the third phase of the Cairo metro’s third line, which will run from Ataba to Bulaq El Dakrour at a length of 17.7 km. The cost of the entire third line is up to EGP 100bn, said the prime minister on the sidelines of …

Daily News Egypt