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Japan gives Egypt $393 mln to fund fourth metro line

By Reem Abdellatif CAIRO: Egypt accepted a $393 million loan from the Japan International Cooperation Agency (JICA) to begin developing the first phase of Cairo’s fourth metro line, officials said Monday. This first tranche, worth about 32.717 billion Japanese Yen, is part of the initial loan package, worth an estimated $1.2 billion overall, according to Ashraf …


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