{"id":596219,"date":"2019-08-21T04:00:55","date_gmt":"2019-08-21T04:00:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/"},"modified":"2019-08-21T04:00:55","modified_gmt":"2019-08-21T04:00:55","slug":"egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/","title":{"rendered":"Egypt seeking USD 2.5 bn of financing for monorail project"},"content":{"rendered":"

<\/a> Gov\u2019t eyes USD 2.5 bn loan for monorail project:<\/b> The government is seeking a USD 2.5 bn loan to finance the monorail project linking Cairo to 6 October and the new administrative capital, Khalid Hamza, deputy head of the European Bank of Reconstruction and Development\u2019s (EBRD) Egypt office, told Al Mal<\/a>. Egypt is seeking USD 1 bn from the Europan Investment Bank, USD 900 mn from an unnamed UK bank, and USD 600 mn from EBRD, sources told the newspaper. A consortium of Bombardier Transportation, Orascom Construction and Arab Contractors signed earlier this month<\/a> a USD 4.5 bn contract with the National Authority for Tunnels to design, build, supply and operate the lines.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t eyes USD 2.5 bn loan for monorail project: The government is seeking a USD 2.5 bn loan to finance the monorail project linking Cairo to 6 October and the new administrative capital, Khalid Hamza, deputy head of the European Bank of Reconstruction and Development\u2019s (EBRD) Egypt office, told Al Mal. Egypt is seeking USD […]<\/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":[8572],"tags":[7106,72,760,875,2380,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596219","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-enterpriseam","tag-european-investment-bank","tag-new-administrative-capital","tag-speed-round","tag-transport","wpautop","entry"],"acf":{"mongo_id":"9feea71f-6676-47cc-a3df-ef0888456d41","is_powered_by":true,"section_story_id":"beefd6b6-5e5a-4847-8159-8476542d0d40","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596207],"teaser":"","voice_url":""},"yoast_head":"\nEgypt seeking USD 2.5 bn of financing for monorail project - 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\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt seeking USD 2.5 bn of financing for monorail project\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t eyes USD 2.5 bn loan for monorail project: The government is seeking a USD 2.5 bn loan to finance the monorail project linking Cairo to 6 October and the new administrative capital, Khalid Hamza, deputy head of the European Bank of Reconstruction and Development\u2019s (EBRD) Egypt office, told Al Mal. Egypt is seeking USD […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-21T04:00:55+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt seeking USD 2.5 bn of financing for monorail project\",\"datePublished\":\"2019-08-21T04:00:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/\"},\"wordCount\":117,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"EnterpriseAM\",\"European Investment Bank\",\"new administrative capital\",\"SPEED ROUND\",\"transport\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/egypt-seeking-usd-2-5-bn-of-financing-for-monorail-project\/\",\"name\":\"Egypt seeking USD 2.5 bn of financing for monorail project - 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