{"id":573106,"date":"2020-07-20T03:58:06","date_gmt":"2020-07-20T03:58:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/bulk-of-eur-1-1-bn-eib-loan-to-finance-transport-upgrades-al-mashat\/"},"modified":"2020-07-20T03:58:06","modified_gmt":"2020-07-20T03:58:06","slug":"bulk-of-eur-1-1-bn-eib-loan-to-finance-transport-upgrades-al-mashat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/bulk-of-eur-1-1-bn-eib-loan-to-finance-transport-upgrades-al-mashat\/","title":{"rendered":"Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat"},"content":{"rendered":"<p><strong>Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat:<\/strong> More than half of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4cf1edfe-551d-43cc-ab65-ec4dcccbeaa8\">EUR 1.9 bn loan<\/a> agreed with the European Investment Bank (EIB) last week will go towards upgrading public transport infrastructure, International Cooperation Minister Rania Al Mashat <a href=\"https:\/\/bit.ly\/39aaXbv\">said yesterday<\/a>. A total of EUR 1.1 bn will be allocated to part-finance the restoration of the Alexandria tram network, the electrification of the Abu Qir-Alexandria railway and the extension of Cairo Metro Line 2, while the remaining EUR 800 mn will be used for \u201ccovid-19 related business investment,\u201d Al Mashat said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat: More than half of the EUR 1.9 bn loan agreed with the European Investment Bank (EIB) last week will go towards upgrading public transport infrastructure, International Cooperation Minister Rania Al Mashat said yesterday. A total of EUR 1.1 bn will be allocated [&hellip;]<\/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":[9285],"tags":[2398,72,760,223,207,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573106","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","tag-european-investment-bank","tag-rania-al-mashat","tag-transport","tag-travel","wpautop","entry"],"acf":{"mongo_id":"6c7472a1-7701-455c-817e-ce94a65362c5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[573088],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat - 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\/2020\/07\/20\/bulk-of-eur-1-1-bn-eib-loan-to-finance-transport-upgrades-al-mashat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat\" \/>\n<meta property=\"og:description\" content=\"Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat: More than half of the EUR 1.9 bn loan agreed with the European Investment Bank (EIB) last week will go towards upgrading public transport infrastructure, International Cooperation Minister Rania Al Mashat said yesterday. 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