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Egypt ratifies annex to EIB cooperation agreement on Metro Line 2
Aya Anwar Published in Amwal Al Ghad on 12 - 06 - 2025

Egypt's President issued Decree No. 116 of 2025 approving Annex No. (1) to the cooperation agreement on the feasibility study for rehabilitating Cairo Metro Line 2 between the Government of Egypt and the European Investment Bank (EIB), subject to ratification. The Official Gazette announced on Thursday.
The annex states that the secretary of the allocation group affiliated with the EU Economic Resilience Initiative confirmed the reallocation of funds, resulting in €2.086 million in surplus financing.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama

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