Middle East and North Africa

Siemens Mobility signs rail system contract in Egypt worth $3bn

Siemens Mobility signs rail system contract in Egypt worth $3bn

  • Siemens Mobility & partners will provide services to design, install, commission & maintain a high-speed rail line in Egypt for 15 years
  • The 'Suez Canal on rails' contract value is about $4.5 billion, of which Siemens Mobility’s share is around $3 billion
By Arab News ·