Sisi approves EUR 290m funding deal to purchase 100 locomotives

Cairo – Mubasher: The Egyptian president Abdel Fattah El-Sisi approved a funding agreement to purchase 100 locomotives for the Egyptian National Railways (ENR).

Egypt and the European Bank for Reconstruction and Development signed a funding agreement worth EUR 290 million on 19 June 2017, the Egyptian Official Gazette reported on Thursday. 

The agreement has been effective as of 18 October 2019.

Mubasher Contribution Time: 05-Dec-2019 10:32 (GMT)
Mubasher Last Update Time: 05-Dec-2019 10:32 (GMT)