EIB wants in on new capital monorail financing: The European Investment Bank (EIB) is interested in joining forces with the European Bank for Reconstruction and Development (EBRD) and UK Export Finance to help finance the monorail project that will link Cairo to the new administrative capital, Transport Minister Kamel El Wazir said in a statement. EBRD Vice-President Alain Pilloux said in a visit to Cairo earlier this week that the bank is interested in getting involved with the monorail project.

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