Infrastructure Egypt and Spain sign Cairo metro extension study By Neil Halligan February 6, 2025, 4:12 PM Reuters/Matrix Images/Khaled Elfiqi Passengers at Cairo University metro station. Spanish company Typsa will conduct a feasibility study on a 19km extension to the city's Metro Line 1 19km extension possible Covers 14 stations Part of $14bn climate initiative Egypt and Spain have signed a development financing agreement worth over $1 million for a preliminary feasibility study on extending Cairo Metro’s Line 1. The project involves extending the oldest of the city’s three metro lines from New Marg to Shibin El Qanater, north of Cairo. The 19km extension features 14 stations. Spanish company Typsa will conduct the study in collaboration with Egypt’s National Authority for Tunnels, which is expected to be completed in eight months. The agreement was signed by Rania Al-Mashat, Egypt’s minister of planning, and Eduardo Soriano, Spain’s economic and commercial counsellor. Egypt’s tourism revenue tops $15bn in 2024 Marriott to convert Cairo’s Mogamma building into hotel Egypt secures $1.6bn loan from Islamic Development Bank The funding is part of Egypt’s nexus of water, food and energy programme, a climate change initiative aimed at raising more than $14 billion for nine priority projects in the water, food, energy and sustainable transportation sectors. The programme includes a $260 million plan to transform the Abu Qir Alexandria railway line into an electric metro, which is being financed by the Asian Infrastructure Investment Bank.
