{"id":650745,"date":"2017-03-30T03:55:15","date_gmt":"2017-03-30T03:55:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/eib-to-facilitate-funding-for-the-overhaul-of-cairo-metros-first-and-second-lines\/"},"modified":"2017-03-30T03:55:15","modified_gmt":"2017-03-30T03:55:15","slug":"eib-to-facilitate-funding-for-the-overhaul-of-cairo-metros-first-and-second-lines","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/eib-to-facilitate-funding-for-the-overhaul-of-cairo-metros-first-and-second-lines\/","title":{"rendered":"EIB to facilitate funding for the overhaul of Cairo metro\u2019s first and second lines"},"content":{"rendered":"

The European Investment Bank (EIB) is interested in facilitating funding for the Transport Ministry\u2019s planned overhaul of the Cairo Metro Line 1 and 2, a delegation of EIB representatives told Transport Minister Hisham Arafat during a meeting in Cairo on Wednesday, Al Borsa<\/a> reports. The EIB has provided around EUR 600 mn in funding for the development of the Cairo Metro Line 3 and has also made an offer to chip in for the renovation of the Alexandria tram which received funding from the French Development Agency, the newspaper adds.<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Investment Bank (EIB) is interested in facilitating funding for the Transport Ministry\u2019s planned overhaul of the Cairo Metro Line 1 and 2, a delegation of EIB representatives told Transport Minister Hisham Arafat during a meeting in Cairo on Wednesday, Al Borsa reports. The EIB has provided around EUR 600 mn in funding for […]<\/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-650745","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"bbd06750-2dd7-4da6-a24d-d19edd43119c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650703],"teaser":"","voice_url":""},"yoast_head":"\nEIB to facilitate funding for the overhaul of Cairo metro\u2019s first and second lines - 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\/03\/30\/eib-to-facilitate-funding-for-the-overhaul-of-cairo-metros-first-and-second-lines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EIB to facilitate funding for the overhaul of Cairo metro\u2019s first and second lines\" \/>\n<meta property=\"og:description\" content=\"The European Investment Bank (EIB) is interested in facilitating funding for the Transport Ministry\u2019s planned overhaul of the Cairo Metro Line 1 and 2, a delegation of EIB representatives told Transport Minister Hisham Arafat during a meeting in Cairo on Wednesday, Al Borsa reports. 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The two institutions, along with the European Bank for Reconstruction (EBRD), have already committed to offering\u2026","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":629280,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/transport-minister-meets-with-eib-to-talk-funding-for-egypts-transport-projects\/","url_meta":{"origin":650745,"position":1},"title":"Transport Minister meets with EIB to talk funding for Egypt\u2019s transport projects","author":"enterpriseam admin","date":"27 May 2018","format":false,"excerpt":"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\u2026","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":571729,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/21\/eib-mulls-eur-1-13-bn-loan-for-transport-projects\/","url_meta":{"origin":650745,"position":2},"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. 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Line 1 would\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":601881,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/house-agrees-eur-350-mn-loan-from-eib-to-develop-metro-line-1\/","url_meta":{"origin":650745,"position":4},"title":"House agrees EUR 350 mn loan from EIB to develop Metro Line 1","author":"enterpriseam admin","date":"12 March 2019","format":false,"excerpt":"The House of Representatives has agreed a EUR 350 mn loan from the European Investment Bank (EIB) to finance the development of Cairo Metro Line 1, Al Mal reported. 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