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Spain's "228 Million" "for the Cairo Metro": a Repayable Loan Approved in 2024. maldita.es - Journalism to Keep You From Being Fooled
The €228 million mentioned in the documents refers to a repayable loan approved in December 2024, not 2025. It was earmarked for the “rehabilitation and modernization of the rolling stock on Cairo Metro Line 2.” On December 2, 2025, the Council of Ministers approved two further repayable loans, one for almost €63 million and another for over €49 million, from the Fund for the Internationalization of Business (FIEM).
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The €228 million mentioned in the documents refers to a repayable loan approved in December 2024, not 2025. It was earmarked for the “rehabilitation and modernization of the rolling stock on Cairo Metro Line 2.” On December 2, 2025, the Council of Ministers approved two further repayable loans, one for almost €63 million and another for over €49 million, from the Fund for the Internationalization of Business (FIEM).
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