Category: Middle East & Africa Finance

Egypt and Kuwait sign agreement to develop rail line

Egypt and Kuwait have signed a KWD750,000 agreement to prepare technical, economic, and environmental feasibility studies for a rail connection between Egypt and Sudan. The line will be developed in ... This content is available...

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MOIC and EBRD sign EUR250 million agreement, Egypt

The Ministry of International Cooperation (MOIC) and the European Bank for Reconstruction and Development (EBRD) have signed a financing agreement worth EUR250 million for the implementation of the Al... This content is...

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Etihad Rail signs financial agreement with FAB, UAE

Etihad Rail has signed an agreement worth AED1.990 billion with First Abu Dhabi Bank (FAB) for financing railway passenger transport services. As part of the agreement, First Abu Dhabi Bank will be th... This content is...

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EBRD loan to fund Tunis train procurement, Tunisia

Tunis Transport Company (TRANSTU) has signed a EUR45 million loan from the European Bank for Reconstruction and Development (EBRD) to procure 18 new light rail vehicles (LRVs), which will replace the existing rolling stock on the Tunis–Goulette–Marsa light rail transit (LRT) line, connecting Tunis’s city centre with La Marsa.

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