Sisi approves €250 mln loan to electrify, upgrade Alexandria’s Abu Qir railway
President Abdel-Fattah al-Sisi has approved a 250 million euros loan deal with the Asian Infrastructure Investment Bank (AIIB) to modernize the Abu Qir railway line in Alexandria into an electric metro system. The government approved the 250 million euros loan deal in August 2023, and the House of Representatives passed it in June 2024. The loan …
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