No 10



EIB Providing50Mn To Egypt For Cairo Metro Extension

The EuropeanInvestment Bank (EIB) is providing 50mn in the form of a long-term loan to Egyptto finance the extension of the southern end of line two of the Cairo Metrofrom Gizato El Monib. The loan is to be paid back over 20years with a 5-year grace period at a low interest rate. The Cairo Metro issupported by the EIB and the Japan Bank for International Cooperation and aimsto support urban renewal and...