{"id":630100,"date":"2018-04-11T04:22:23","date_gmt":"2018-04-11T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/"},"modified":"2018-04-11T04:22:23","modified_gmt":"2018-04-11T04:22:23","slug":"transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/","title":{"rendered":"Transport Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade"},"content":{"rendered":"<p>The Transport Ministry is in talks with international finance institutions for a EUR 50-55 mn loan to finance upgrades to the 22-km Abu Qir-Alexandria rail line, <a href=\"http:\/\/www.almalnews.com\/Story\/371936\/12\/%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%AA%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%84%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%B6-55-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88\">sources tell Al Mal<\/a>. The European Bank for Reconstruction and Development is reportedly among the banks the ministry is speaking to. After the upgrades, the ministry will team up with the Housing Ministry to transform the Abu Qir-Alexandria line into an advanced electric train line, according to National Railway Authority head Sayed Salem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Transport Ministry is in talks with international finance institutions for a EUR 50-55 mn loan to finance upgrades to the 22-km Abu Qir-Alexandria rail line, sources tell Al Mal. The European Bank for Reconstruction and Development is reportedly among the banks the ministry is speaking to. After the upgrades, the ministry will team up [&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-630100","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"44a7a75a-ee29-428b-bec0-491ce2d240d2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Transport Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade","related_issue":[630066],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.d7f7d426-c5e9-414f-892a-3c37621b6ff2.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 Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade - 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\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transport Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade\" \/>\n<meta property=\"og:description\" content=\"The Transport Ministry is in talks with international finance institutions for a EUR 50-55 mn loan to finance upgrades to the 22-km Abu Qir-Alexandria rail line, sources tell Al Mal. The European Bank for Reconstruction and Development is reportedly among the banks the ministry is speaking to. After the upgrades, the ministry will team up [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-11T04:22:23+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\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Transport Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade\",\"datePublished\":\"2018-04-11T04:22:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/\"},\"wordCount\":93,\"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\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/transport-ministry-looking-to-borrow-eur-50-55-mn-for-abu-qir-alexandria-rail-line-upgrade\/\",\"name\":\"Transport Ministry looking to borrow EUR 50-55 mn for Abu Qir-Alexandria rail line upgrade - 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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":566420,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/more-details-on-that-eur-1-7-bn-french-financing-agreement-signed-earlier-this-week\/","url_meta":{"origin":630100,"position":3},"title":"More details on that EUR 1.7 bn French financing agreement signed earlier this week","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"We have a more detailed breakdown on some of the funding agreements to come out of French finance minister Bruno Le Maire\u2019s visit to Cairo this week. The International Cooperation Ministry had signed EUR 1.7 bn in financing agreements with French agencies and entities this week, according to a cabinet\u2026","rel":"","context":"In &quot;SPEED ROUND: DEVELOPMENT FINANCE&quot;","block_context":{"text":"SPEED ROUND: DEVELOPMENT FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/529.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":630100,"position":4},"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 &quot;Diplomacy + Foreign Trade&quot;","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":591748,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/16\/world-bank-ebrd-to-lend-egypt-usd-1-bn-for-new-alexandria-metro-line\/","url_meta":{"origin":630100,"position":5},"title":"World Bank, EBRD to lend Egypt USD 1 bn for new Alexandria metro line","author":"enterpriseam admin","date":"16 December 2019","format":false,"excerpt":"World Bank, EBRD to lend Egypt USD 1 bn for new Alexandria metro line: The World Bank and the European Bank for Reconstruction and Development have agreed to provide a USD 1 bn loan to partially finance the project to convert Alexandria\u2019s Abu Qir railway into an underground metro, sources\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=630100"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630100\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630066"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630100"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630100"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}