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ECOSLOPS 2020 ANNUAL RESULTS: SIGNIFICANT STRENGTHENING OF THE BUSINESS MODEL FOLLOWING THE LAUNCH OF THE SCARABOX®; FISCAL YEAR 2020 MARKED BY THE COVID-19 HEALTH CRISIS

French Paris, 8 April 2021, 7.35 pm - Ecoslops, the cleantech company that brings oil into the circular economy, announces its results for the year ended 31 December 2020, as approved by the Board of Directors at its meeting on 8 April 2021. Significant commercial acceleration on the Scarabox ® project (formerly Mini P2R): Signature of 3 letters of intent in 2020, including one converted into a sales contract in 2021; Solid balance sheet allowing the continuation of investments and development projects; Revenues of € 5.75M and EBITDA of € (3.0) M, mainly impacted by the effects of the health crisis and its repercussions on activities in Portugal. Key highlights of the 2020 fiscal year

Egypt: New Project Will Support Railway Safety and Efforts to Enhance Service Quality

Modern Diplomacy Published 4 weeks ago The World Bank’s Board of Executive Directors today approved a US$440 million loan to support Egypt’s initiatives to enhance the safety and service quality of the country’s railways. The Railway Improvement and Safety for Egypt (RISE) total project cost is US$ 681.1 million, including US$ 241.1 million in contribution by the Egyptian National Railways (ENR). The project will focus on modernizing the signaling for the Cairo – Giza – Beni Suef segment of the ENR network and supporting the reforms needed to enhance ENR’s performance and competitiveness. “ Today more than ever, there is a great need to develop sustainable infrastructure. Redefining smarter transportation solutions improves safety, enhances mobility, safeguards the environment and strengthens job creation and economic growth,” said Dr. Rania A. Al-Mashat, Egypt’s Minister of International Cooperation. “

World Bank approves $440m to support railway safety and service quality in Egypt

The World Bank approved a $440 million loan to support Egypt’s initiatives to enhance the safety and service quality of the country’s railways. The Railway Improvement and Safety for Egypt (RISE) total project cost is US$ 681.1 million, including US$ 241.1 million in contribution by the Egyptian National Railways (ENR). The project will focus on modernizing the signaling for the Cairo – Giza – Beni Suef segment of the ENR network and supporting the reforms needed to enhance ENR’s performance and competitiveness. “Today more than ever, there is a great need to develop sustainable infrastructure. Redefining smarter transportation solutions improves safety, enhances mobility, safeguards the environment and strengthens job creation and economic growth,” said Dr. Rania A. Al-Mashat, Egypt’s Minister of International Cooperation. “This project supports the momentum for reform and the demand for urban mobility and reliable public transport, integral to achieving the 2030

Egypt: New Project Will Support Railway Safety and Efforts to Enhance Service Quality

Egypt: New Project Will Support Railway Safety and Efforts to Enhance Service Quality
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