Leading News Source For Middle East
Egypt secured Sunday a credit line worth €145 million from the African Development Bank (AfDB) to improve its railway system in the wake of a string of deadly train accidents. The financing was signed between the Minister of International Cooperation Read more
The African Development Bank, AfDB, Tuesday announced Tuesday a credit line of €145 million for Egypt to help enhance operational safety and to increase network capacity on national rail lines, The New Arab reports. “The planned upgrades are expected to Read more
The World Bank (WB) has granted Egypt a $1.15-billion loan, the third of the three annual loans signed up for by the North African country in its drive to conduct economic reforms. Egypt has signed up with the World Bank Read more