Live Breaking News & Updates on Lieutenant General Kamel Al Wazir

Stay updated with breaking news from Lieutenant general kamel al wazir. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

European Union (via Public) / Egypt: The EU Bank supports urban transport


Egypt: The EU Bank supports urban transport
EUR 1.128 billion of financing to invest in metro and tram systems in Cairo and Alexandria
The first tranche of EUR 600 million is signed
The Urban Transport schemes will contribute to reduce emissions in the two large cities
The European Investment Bank (EIB), and the
Egypt have signed a EUR 1.128 billion agreement to support investments in the rehabilitation and expansion of metro and tram systems in Alexandria and Cairo. The EIB financing will contribute to increase the availability and improve the quality of public transport systems in the two cities where 30-35% of the country s population live and work. This new operation is in line with the EU Bank s climate action objectives and comes in support of the government s national priorities. ....

Al Qahirah , Al Iskandariyah , Flavia Palanza , Kamel Al Wazir , Christian Berger , Abu Qir Metro , Raniaa Al Mashat , Abu Qir , Bank Climate Action , European Union Climate Bank , Eu Neighbourhood Investment Programme , International Cooperation , European Union External Lending , European Union Ambassador To Egypt Christian Berger , Ambassador Of The European Union To Egypt , Eu Bank , Economic Resilience Initiative , European Investment Bank , Urban Transport , Arab Republic , European Union External Lending Mandate , Resilience Initiative , Investment Programme , Climate Action , Intended Nationally Determined Contributions , Paris Agreement ,