3 Hrs
Source:
اليوم السابع
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Source: اليوم السابع
3 Hrsاليوم السابع
Source: اليوم السابع
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Egyptian Transport Minister Kamel El-Wazir announced that external loans earmarked for railway development total about $5.1 billion, with interest rates ranging from 0.15% to 1.7%, grace periods of up to 10 years, and repayment terms extending to 30 years. Eleven projects, worth $1.065 billion, have been completed, while 12 projects costing $4.039 billion are under way. These are in addition to domestic loans of nearly 64 billion Egyptian pounds. According to June 2026 data, external railway loans account for 1.3% of the country’s total external debt, while loans to the Ministry of Transport account for 6.6%.
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