{"id":629280,"date":"2018-05-27T03:53:38","date_gmt":"2018-05-27T03:53:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/"},"modified":"2018-05-27T03:53:38","modified_gmt":"2018-05-27T03:53:38","slug":"transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/","title":{"rendered":"Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects"},"content":{"rendered":"<p>Transport Minister Hisham Arafat met with a delegation from the European Investment Bank to talk funding packages for Egypt\u2019s transport projects, including a EUR 380 mn loan for the development of Cairo Metro Line 1, <a href=\"http:\/\/www.almalnews.com\/Story\/377078\/58\/%D8%B9%D8%B1%D9%81%D8%A7%D8%AA-%D9%8A%D8%B3%D8%AA%D9%82%D8%A8%D9%84-%D9%88%D9%81%D8%AF-%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A-%D9%84%D8%A8%D8%AD%D8%AB-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D9%81%D9%8A-%D9%85%D8%AC%D8%A7%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%82%D9%84-\">Al Mal reports<\/a>. The loan comes as part of a <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/25\/infrastructure-watch-european-funding-in-the-pipeline-for-cairo-metro-line-one-dry-ports-desalination-plant-and-alexandria-tram\/\">EUR 600 mn agreement<\/a> from the EIB, the European Bank for Reconstruction and Development and the French Development Agency. Total investments in developing the country\u2019s rail network are expected to reach EGP 220 bn by 2030, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%A8%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D9%82%D9%88%D9%85%D9%8A%D8%A9-%D9%84%D8%B3%D9%83%D9%83-%D8%AD%D8%AF%D9%8A%D8%AF-%D9%85%D8%B5%D8%B1%E2%80%8E.aspx\">according to a Cabinet statement<\/a>. Arafat also met with a delegation of the German-based SAP SE. on Thursday to discuss the implementation of smart technologyin railway and port operations management, <a href=\"http:\/\/d1y99r0ynoudrd.cloudfront.net\/news\/details\/1293497\">Al Masry Al Youm reports.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Transport Minister Hisham Arafat met with a delegation from the European Investment Bank to talk funding packages for Egypt\u2019s transport projects, including a EUR 380 mn loan for the development of Cairo Metro Line 1, Al Mal reports. The loan comes as part of a EUR 600 mn agreement from the EIB, the European Bank [&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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629280","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"849bcf69-bfd1-4ca5-925b-a734789cd91e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects","related_issue":[629243],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.978a69c5-8276-4a29-92be-6313e33a637a.mp3"},"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>Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects - 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\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects\" \/>\n<meta property=\"og:description\" content=\"Transport Minister Hisham Arafat met with a delegation from the European Investment Bank to talk funding packages for Egypt\u2019s transport projects, including a EUR 380 mn loan for the development of Cairo Metro Line 1, Al Mal reports. The loan comes as part of a EUR 600 mn agreement from the EIB, the European Bank [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-27T03:53:38+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\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects\",\"datePublished\":\"2018-05-27T03:53:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/\"},\"wordCount\":126,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/\",\"name\":\"Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects - 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The two institutions, along with the European Bank for Reconstruction (EBRD), have already committed to offering\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","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":573234,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-to-obtain-eur-800-mn-of-eib-funding-next-month\/","url_meta":{"origin":629280,"position":1},"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 &quot;Banking + Finance&quot;","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":576101,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/transport-ministry-eib-to-sign-eur-1-1-bn-financing-agreements-in-december-and-january\/","url_meta":{"origin":629280,"position":2},"title":"Transport Ministry, EIB to sign EUR 1.1 bn financing agreements in December and January","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"DEBT WATCH- A EUR 1.1 bn financing package from the European Investment Bank (EIB) will officially be earmarked for Egypt's public transport projects when the Transport Ministry signs contracts for the funding in December and January, according to a cabinet statement. The signing of the contract for the first EUR\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575167,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/05\/eib-approves-eur-750-mn-loan-for-egypts-smes-world-bank-mulls-railway-funding\/","url_meta":{"origin":629280,"position":3},"title":"EIB approves EUR 750 mn loan for Egypt\u2019s SMEs, World Bank mulls railway funding","author":"enterpriseam admin","date":"5 October 2020","format":false,"excerpt":"DEBT WATCH- The European Investment Bank (EIB) has approved a EUR 750 mn facility for Banque Misr to on-lend to SMEs impacted by the covid-19 pandemic to finance working capital, according to the bank\u2019s website. The facility has been in the pipeline since mid-August. The EIB signed off in July\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571729,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/eib-mulls-eur-1-13-bn-loan-for-transport-projects\/","url_meta":{"origin":629280,"position":4},"title":"EIB mulls EUR 1.13 bn loan for transport projects","author":"enterpriseam admin","date":"21 May 2020","format":false,"excerpt":"EIB could provide EUR 1.13 bn for Egyptian transport projects over the next five years: The European Investment Bank (EIB) could finance Egyptian transport projects to the tune of EUR 1.13 bn over the next five years, the bank said yesterday. Funding will be largely directed towards renovation and expansion\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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":629280,"position":5},"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. 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