{"id":563458,"date":"2021-07-04T04:00:17","date_gmt":"2021-07-04T04:00:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/"},"modified":"2021-07-04T04:00:17","modified_gmt":"2021-07-04T04:00:17","slug":"eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/","title":{"rendered":"EUR 3 mn EBRD grant gets the presidential seal of approval"},"content":{"rendered":"

Something else we\u2019re keeping our eye on this morning:<\/strong> President Abdel Fattah El Sisi has ratified a EUR 3.05 mn grant from the European Bank for Reconstruction and Development (EBRD) to finance the development of Cairo Metro Line 1, according to the Official Gazette (pdf)<\/a>. The cabinet greenlit the loan<\/a> in November, which comes two years after the EBRD lent us EUR 205 mn<\/a> to finance renovation works on Cairo Metro Line 1.<\/p>\n","protected":false},"excerpt":{"rendered":"

Something else we\u2019re keeping our eye on this morning: President Abdel Fattah El Sisi has ratified a EUR 3.05 mn grant from the European Bank for Reconstruction and Development (EBRD) to finance the development of Cairo Metro Line 1, according to the Official Gazette (pdf). The cabinet greenlit the loan in November, which comes two […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[96,111,571,72,8866],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563458","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-abdel-fattah-el-sisi","tag-also-on-our-radar","tag-ebrd","tag-enterpriseam","tag-sisi","wpautop","entry"],"acf":{"mongo_id":"f11d749f-3e8f-4e15-af83-52567deccb8d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563437],"teaser":"","voice_url":""},"yoast_head":"\nEUR 3 mn EBRD grant gets the presidential seal of approval - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EUR 3 mn EBRD grant gets the presidential seal of approval\" \/>\n<meta property=\"og:description\" content=\"Something else we\u2019re keeping our eye on this morning: President Abdel Fattah El Sisi has ratified a EUR 3.05 mn grant from the European Bank for Reconstruction and Development (EBRD) to finance the development of Cairo Metro Line 1, according to the Official Gazette (pdf). The cabinet greenlit the loan in November, which comes two […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-04T04:00:17+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EUR 3 mn EBRD grant gets the presidential seal of approval\",\"datePublished\":\"2021-07-04T04:00:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abdel Fattah El Sisi\",\"ALSO ON OUR RADAR\",\"EBRD\",\"EnterpriseAM\",\"Sisi\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/04\/eur-3-mn-ebrd-grant-gets-the-presidential-seal-of-approval\/\",\"name\":\"EUR 3 mn EBRD grant gets the presidential seal of approval - 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The Transport Ministry signed the final agreement with the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558665,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/22\/more-ebrd-finance-for-the-cairo-metro\/","url_meta":{"origin":563458,"position":1},"title":"More EBRD finance for the Cairo Metro?","author":"enterpriseam admin","date":"22 August 2021","format":false,"excerpt":"Egypt could receive an EUR 250 mn loan from the European Bank for Reconstruction and Development (EBRD) to finance upgrades at Cairo Metro Line 2, according to the bank\u2019s website. The finance, which would be used to upgrade existing rolling stock and purchase new locomotives, is still being reviewed by\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/219.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561825,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/ebrd-has-lots-in-the-pipeline-for-egypt\/","url_meta":{"origin":563458,"position":2},"title":"EBRD has lots in the pipeline for Egypt","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"Fresh investment and cooperation in Egypt\u2019s development projects are coming from the European Bank for Reconstruction and Development (EBRD) to continue supporting the government\u2019s Egypt Vision 2030. That was the main takeaway from EBRD President Odile Renaud-Basso\u2019s meeting yesterday with President Abdel Fattah El Sisi.Renaud Basso told El Sisi EBRD\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/228.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558206,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/more-ebrd-money-for-abu-qir-railway-conversion\/","url_meta":{"origin":563458,"position":3},"title":"More EBRD money for Abu Qir railway conversion","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"An extra EUR 250 mn for Abu Qir metro, courtesy of EBRD: The project to convert Alexandria\u2019s Abu Qir railway into an underground metro will be getting an additional EUR 250 mn from the European Bank for Reconstruction and Development, after the bank approved a formal loan request submitted by\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/36.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596025,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/","url_meta":{"origin":563458,"position":4},"title":"El Sisi approves EUR 350 mn EIB development loan for Metro Line 1","author":"enterpriseam admin","date":"18 August 2019","format":false,"excerpt":"President Abdel Fattah El Sisi has approved a EUR 350 mn loan agreement with the European Investment Bank (EIB) to be used for the renovation and development of Cairo Metro Line 1, according to a statement on the Official Gazette picked up by Zawya.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594270,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/egyptian-education-provider-cira-to-invest-egp-110-mn-in-new-mansoura-assuit-projects\/","url_meta":{"origin":563458,"position":5},"title":"Egyptian education provider CIRA to invest EGP 110 mn in New Mansoura, Assuit projects","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"INVESTMENT WATCH- CIRA plans to invest EGP 110 mn in New Mansoura, Assiut projects: Leading private sector education provider Cairo for Real Estate and Investment (CIRA) will invest EGP 110 mn this fiscal year in two projects in New Mansoura and Assiut, CEO Mohamed El Kalla told Al Mal. 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