its second hypermarket branch in Cairo<\/strong>, in which it invested EGP 180 mn. The group plans to invest EGP 1 bn in Egypt\u2019s retail industry, as we note in Speed Round, above.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"Your top infrastructure stories of the week: The Transport Ministry is studying the possibility of a second phase of the electric train project that will connect Al-Salam, Tenth of Ramadan, and the new administrative capital, according to Al Mal. The Slum Development Fund is eyeing a EUR 24 mn grant from a German government donor […]<\/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":[1],"tags":[101,1775,72,481,1567,338,484,190,207,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573361","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-development-finance","tag-electric-trains","tag-enterpriseam","tag-germany","tag-lulu-group","tag-retail","tag-siemens","tag-social-welfare","tag-transport","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"9d6820b5-9ce0-45d8-b82b-e80aa62b15c5","is_powered_by":true,"section_story_id":"7a6aec03-c76b-40bd-9d46-eca1e43703cb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573334],"teaser":"","voice_url":""},"yoast_head":"\n
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The loan will\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590197,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/aiib-to-provide-eur-250-mn-loan-for-abu-qir-metro-project\/","url_meta":{"origin":573361,"position":1},"title":"AIIB to provide EUR 250 mn loan for Abu Qir metro project","author":"enterpriseam admin","date":"16 July 2023","format":false,"excerpt":"This is around a sixth of the EUR 1.6 bn project, which will convert the Abu Qir railway into an underground metro line","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\/2023\/7\/551.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584525,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/02\/isdb-money-for-our-high-speed-rail\/","url_meta":{"origin":573361,"position":2},"title":"IsDB money for our high-speed rail","author":"enterpriseam admin","date":"2 April 2023","format":false,"excerpt":"The project is set to cost some USD 23 bn in total","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\/2023\/4\/26.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573192,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/your-top-infrastructure-stories-of-the-week-13\/","url_meta":{"origin":573361,"position":3},"title":"Your top infrastructure stories of the week","author":"enterpriseam admin","date":"22 July 2020","format":false,"excerpt":"Your top infrastructure stories of the week: European Investment Bank to fund transport upgrades: More than half of the EUR 1.9 bn of EIB funding agreed last week will be allocated to public transport infrastructure.Joint Egypt-Saudi electricity grid delayed to 2023: The Egyptian-Saudi electric interconnection project has been delayed by\u2026","rel":"","context":"In \"Benha Electronics\"","block_context":{"text":"Benha Electronics","link":"https:\/\/enterpriseam.com\/egypt\/tag\/benha-electronics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652206,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/bnp-paribas-leads-syndicate-funding-eur-200-mn-power-transmission-stations\/","url_meta":{"origin":573361,"position":4},"title":"BNP Paribas leads syndicate funding EUR 200 mn power transmission stations","author":"enterpriseam admin","date":"3 January 2017","format":false,"excerpt":"A syndicate led by BNP Paribas has signed an EPC-plus-finance funding agreement with the Egyptian Electricity Transmission Company for six new power transmission stations worth EUR 200 mn, Al Borsa reported. Siemens and El Sewedy Electric will be jointly constructing the stations as part of an MoU the Electricity Ministry\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649609,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/05\/electricity-ministry-signs-eur-238-mn-agreement-with-siemens-for-six-power-transmission-stations-nine-year-maintenance-contract-for-the-new-plants\/","url_meta":{"origin":573361,"position":5},"title":"Electricity Ministry signs EUR 238 mn agreement with Siemens for six power transmission stations, nine-year maintenance contract for the new plants","author":"enterpriseam admin","date":"5 March 2017","format":false,"excerpt":"The Electricity Ministry signed a EUR 238 mn agreement with Siemens to build six power transmission stations to help transport power generated from the new plants, which are expected to save Egypt an annual USD 1.3 bn in fuel costs, Minister Mohamed Shaker said on Thursday. 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