Transport Minister Hisham Arafat met with a delegation from the French Development Agency to discuss furthering their role in the Cairo Metro and Alexandria tram development projects, according to Al Mal. The agency is already signed on to finance EUR 300 mn in Cairo Metro Line 3 development and EUR 100 mn in the Alexandria tram project.
More from Enterprise
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…