Republican decision to approve a Canadian loan for the Egyptian Railways AuthorityVisits : 59

Republican decision to approve a Canadian loan for the Egyptian Railways Authority

Egyptian President Abdel Fattah El-Sisi issued Resolution No. 68 of 2020 approving an agreement to facilitate a term loan between the National Railways Authority of Egypt and the Bank of Canada for Export Development.

The value of the loan is about 226 million euros, signed on December 12, 2019, according to the Middle East News Agency.