Egypt signs $4.45 billion high-speed electric rail deal with Siemens-led alliance ...Egypt

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Egypt signs $4.45 billion high-speed electric rail deal with Siemens-led alliance
Egypt has signed on Wednesday a 15-year contract worth $4.45 billion with a consortium led by German industrial group Siemens for a high-speed electric rail line to link its Red Sea and Mediterranean coasts. Siemens dubbed the project as a "Suez Canal on rails". The contract signed between Egypt's (...)

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