The European Investment Bank’s (EIB) board has approved an outline finance worth €1.9 billion ($2.17 billion) for Egypt to finance projects in transport and to support the small and medium-sized enterprises (SMEs) sector, Minister of International Cooperation Rania al-Mashat announced on Sunday. In a press statement, Mashat said the loan provides €1.1 billion for the National Authority for Tunnels (NAT) to implement three projects and allocates €800 million for the ...