Tags Result

NERIC, NAT ink €275M deal to supply 21 trains for Alexandria Metro

The National Egyptian Railway Industries Company (NERIC) and the National Authority for Tunnels (NAT) signed a €275.02 million agreement to localize and supply 21 trains, equivalent to 189 train cars, for the Alexandria Metro project.

Updated 5/11/2025 7:15:00 AM
AOI partners with NERIC to boost egypt's railway manufacturing

The Arab Organization for Industrialization (AOI) has signed a cooperation protocol with the National Egyptian Railway Industries Company (NERIC) to produce advanced railway and metro train products under the "Made in Egypt" slogan.

Updated 12/29/2024 5:22:00 AM
NERIC, 3 banks pen joint financing agreement to develop new factory in East Port Said

The National Egyptian Railway Industries Company (NERIC) has signed a joint financing contract with the National Bank of Egypt (NBE), Commercial International Bank of Egypt (CIB), and Arab African International Bank (AAIB) to back the development of a new factory in East Port Said.

Updated 12/12/2024 11:56:00 AM
NERIC receives golden license to operate EGP 3.6B factory

The Egyptian cabinet has granted the golden license to the National Egyptian Railway Industries Company (NERIC) for the establishment and operation of its railway components manufacturing factory.

Updated 11/9/2023 7:32:00 AM
NERIC to secure EGP 3B loan to set up railcar manufacturing factory

The National Egyptian Railway Industries Company (NERIC) will secure an EGP 3 billion loan worth EGP 3 from a banking consortium, led by the National Bank of Egypt (NBE).

Updated 8/24/2023 8:57:00 AM