Government contracts Sawiris owned company to operate Egypt’s railway services ...Egypt

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Government contracts Sawiris owned company to operate Egypt’s railway services
The Egyptian Minister of Transport Kamel al-Wazir announced a contract with the “Abella Egypt” company, owned by businessman Naguib Sawiris, to manage and operate the Egyptian National Railway authority’s trains. The minister’s statements came during a session on opportunities for private sector participation in the transport sector, which was held as part of the activities of the second day of the “Economic Conference – Egypt 2022”. Wazir reviewed the new investment opportunities available for private sector participation in railway projects, represented in the establishment of a distinguished transport company. He also referred to the establishment of a company to manage and operate the ne

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