Egypt agrees deal for $23 billion high-speed rail link

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Egypt agrees deal for $23 billion high-speed rail link

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Egypt agrees deal for $23 billion high-speed rail link
Egypt signed a deal with German giant Siemens on Thursday to build a $23 billion high-speed rail line linking the Red Sea and Mediterranean coasts.

The electric railway will run for more than 1,000 kilometers from Ain Sokhna on the Red Sea to New Alamein on the Mediterranean coast, passing through a new administrative capital being built east of Cairo...
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