{"id":596025,"date":"2019-08-18T04:00:47","date_gmt":"2019-08-18T04:00:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/"},"modified":"2019-08-18T04:00:47","modified_gmt":"2019-08-18T04:00:47","slug":"el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/","title":{"rendered":"El Sisi approves EUR 350 mn EIB development loan for Metro Line 1"},"content":{"rendered":"

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<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/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":[9346],"tags":[7106,2376,72,760,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596025","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-debt","tag-egypt-politics-economics","tag-enterpriseam","tag-european-investment-bank","tag-transport","wpautop","entry"],"acf":{"mongo_id":"fdd9439a-a7c7-4504-826e-949309e20edb","is_powered_by":true,"section_story_id":"0ba45cf5-6419-4525-b9c9-1378bdf4d1cd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595996],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi approves EUR 350 mn EIB development loan for Metro Line 1 - 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\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi approves EUR 350 mn EIB development loan for Metro Line 1\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-18T04:00:47+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\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sisi approves EUR 350 mn EIB development loan for Metro Line 1\",\"datePublished\":\"2019-08-18T04:00:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/\"},\"wordCount\":53,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"Egypt Politics + Economics\",\"EnterpriseAM\",\"European Investment Bank\",\"transport\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/18\/el-sisi-approves-eur-350-mn-eib-development-loan-for-metro-line-1\/\",\"name\":\"El Sisi approves EUR 350 mn EIB development loan for Metro Line 1 - 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The EIB signed the agreement for the loan with the Investment Ministry in December.","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605089,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/egypt-eib-sign-eur-350-mn-agreement-to-finance-cairo-metro-line-1-renovation\/","url_meta":{"origin":596025,"position":1},"title":"Egypt, EIB sign EUR 350 mn agreement to finance Cairo Metro Line 1 renovation","author":"enterpriseam admin","date":"20 December 2018","format":false,"excerpt":"Egypt, EIB sign EUR 350 mn agreement to finance Cairo Metro Line 1 renovation: Investment and International Cooperation Minister Sahar Nasr signed yesterday a EUR 350 mn loan agreement with the European Investment Bank (EIB) to finance the development of Cairo Metro Line 1, according to a ministry statement.","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569026,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/eib-to-support-infrastructure-projects-with-eur-123-mn-in-financing\/","url_meta":{"origin":596025,"position":2},"title":"EIB to support infrastructure projects with EUR 123 mn in financing","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"EIB to provide EUR 123 mn to finance infrastructure projects: The Egyptian government has signed three financing agreements worth EUR 122.7 mn with the European Investment Bank (EIB) to fund infrastructure projects. The bank will provide a EUR 120 mn loan to increase the capacity of the Alexandria West Wastewater\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/148.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573106,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/bulk-of-eur-1-1-bn-eib-loan-to-finance-transport-upgrades-al-mashat\/","url_meta":{"origin":596025,"position":3},"title":"Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat","author":"enterpriseam admin","date":"20 July 2020","format":false,"excerpt":"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\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573234,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-to-obtain-eur-800-mn-of-eib-funding-next-month\/","url_meta":{"origin":596025,"position":4},"title":"NBE to obtain EUR 800 mn of EIB funding next month","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The National Bank of Egypt expects to land in the coming month some EUR 800 mn in funding agreed last week with the European Investment Bank (EIB), Al Mal reports, citing unnamed sources. The funding comes as part of a larger EUR 1.9 bn agreement, with next month\u2019s loan dedicated\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":558665,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/22\/more-ebrd-finance-for-the-cairo-metro\/","url_meta":{"origin":596025,"position":5},"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. 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