Egypt signs $575 million agreement with GE for 100 locomotives

Jun 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

CAIRO (Reuters) – Egypt signed a $575 million agreement with General Electric Co on Saturday for GE to provide 100 new multi-use locomotives, 15 years of technical support and spare parts, and maintenance and upgrades of 81 trains, the government said.