Egypt signs $4.45 bln deal for high-speed coast-to-coast railway

Egypt signs $4.45 bln deal for high-speed coast-to-coast railway: Egypt has signed a $4.45 billion contract for development of a high-speed electric rail line that will link the Red Sea and Mediterranean coasts and be built with a consortium led by Siemens, a cabinet statement said on Wednesday. The contract, signed between Egypt's National Authority for ...