INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Work starts on Egypt’s $9bn high-speed train

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  • Egypt began implementing its first high-speed train project
  • The Egyptian contracting companies are completing the preparation of the road

Work began on Egypt’s $9 billion first high-speed train project, connecting the Red Sea coast with the Mediterranean coast, across a length of 660 km, and at a cost of nearly $9 billion.

According to local media reports, the Egyptian contracting companies are completing the preparation of the road path on which the high-speed train will run, while the construction of the stations on the track are also starting.

Siemens will implement the project’s signaling and communication systems and supply the trains that will operate on it after its implementation.