Egypt Launches First Phase of Cairo Monorail Project

Egypt has inaugurated the initial phase of a significant monorail project aimed at enhancing connectivity between Cairo and its surrounding satellite cities. Bloomberg posted on X, highlighting that this development is part of a broader $4.5 billion initiative. The monorail is expected to streamline transportation and reduce congestion in the bustling capital, providing a modern and efficient transit solution for residents and visitors alike. This project marks a substantial investment in Egypt's infrastructure, reflecting the country's commitment to modernizing its urban transport systems.