{"id":646707,"date":"2017-06-21T04:18:39","date_gmt":"2017-06-21T04:18:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/"},"modified":"2017-06-21T04:18:39","modified_gmt":"2017-06-21T04:18:39","slug":"ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/","title":{"rendered":"EBRD EUR 290 mn funding to Egypt not related to GE agreement"},"content":{"rendered":"

CLARIFICATION- <\/strong>The EBRD\u2019s EUR 290 mn investment in Egypt to finance the Egyptian National Railway\u2019s fleet upgrade announced on Monday<\/a> is separate from the USD 575 mn supply-and-maintenance contract the Investment and International Cooperation signed with General Electric on Saturday for the supply of 100 locomotives. The EBRD has issued its own press release on its financing<\/a>, which notes that \u201cAs part of ENR\u2019s locomotive renewal programme, the EBRD will finance the acquisition of up to 100 new diesel locomotives under a supply-and-maintenance contract outsourced to the private sector in accordance with the EBRD\u2019s procurement policy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

CLARIFICATION- The EBRD\u2019s EUR 290 mn investment in Egypt to finance the Egyptian National Railway\u2019s fleet upgrade announced on Monday is separate from the USD 575 mn supply-and-maintenance contract the Investment and International Cooperation signed with General Electric on Saturday for the supply of 100 locomotives. The EBRD has issued its own press release on […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646707","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b000e8b7-c352-49d4-8a75-eed49e2ec0ec","order":"0","is_powered_by":true,"section_story_id":"bf16e55f-5149-477d-b29a-7d8e17d582e0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646690],"teaser":"","voice_url":""},"yoast_head":"\nEBRD EUR 290 mn funding to Egypt not related to GE agreement - 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\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD EUR 290 mn funding to Egypt not related to GE agreement\" \/>\n<meta property=\"og:description\" content=\"CLARIFICATION- The EBRD\u2019s EUR 290 mn investment in Egypt to finance the Egyptian National Railway\u2019s fleet upgrade announced on Monday is separate from the USD 575 mn supply-and-maintenance contract the Investment and International Cooperation signed with General Electric on Saturday for the supply of 100 locomotives. The EBRD has issued its own press release on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-21T04:18:39+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\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD EUR 290 mn funding to Egypt not related to GE agreement\",\"datePublished\":\"2017-06-21T04:18:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/\"},\"wordCount\":107,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/ebrd-eur-290-mn-funding-to-egypt-not-related-to-ge-agreement\/\",\"name\":\"EBRD EUR 290 mn funding to Egypt not related to GE agreement - 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In the latest sign the Ismail government is taking rail transport seriously, ENR is getting EUR 290 mn in financing from the European Bank for Reconstruction and\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641999,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/cabinet-approves-amendments-to-auctions-and-tenders-act-eur-290-mn-facility-from-ebrd-for-100-new-locomotives\/","url_meta":{"origin":646707,"position":1},"title":"Cabinet approves amendments to Auctions and Tenders Act, EUR 290 mn facility from EBRD for 100 new locomotives","author":"enterpriseam admin","date":"3 August 2017","format":false,"excerpt":"The Ismail government approved in principle yesterday amendments to the Auctions and Tenders Act that would decentralize tender procedures and streamline the selection process for winning bids, according to a Cabinet statement. The amendments, which we took note of in June, will promote two-stage tenders to give the government more\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573217,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/ebrds-investments-in-egypt-nearly-triple-y-o-y-in-1h2020-to-eur-459-mn\/","url_meta":{"origin":646707,"position":2},"title":"EBRD\u2019s investments in Egypt nearly triple y-o-y in 1H2020 to EUR 459 mn","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"EBRD\u2019s investments in Egypt nearly triple y-o-y in 1H2020 to EUR 459 mn: The European Bank for Reconstruction and Development (EBRD) has invested EUR 459 mn in Egypt during the first six months of 2020 \u2014 nearly triple the EUR 166 mn it doled out during the same period last\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575042,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/30\/govt-requests-another-eur-250-mn-from-ebrd-for-abu-qir-metro-project\/","url_meta":{"origin":646707,"position":3},"title":"Gov\u2019t requests another EUR 250 mn from EBRD for Abu Qir metro project","author":"enterpriseam admin","date":"30 September 2020","format":false,"excerpt":"DEBT WATCH- More EBRD funds in the pipeline for Abu Qir metro conversion project? 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