Arab Finance: Emirates NBD Egypt signed an EGP 3 billion financing agreement with the National Authority for Tunnels (NAT) to support public transportation development projects in Egypt, according to an emailed press release.

The lender will provide long-term credit facilities as part of its commitment to developing transportation and enhancing the quality of services provided to citizens.

This also aligns with the bank’s strategy to foster economic growth under Egypt Vision 2030.

The agreement marks a strategic step towards advancing the transportation sector, boosting its efficiency, and driving a transformative shift in the transport system.

Tarek Hamed Goueili, Chairman of the National Authority for Tunnels (NAT), signed the facility deal with Tamer Ragheb, Head of Corporate and Institutional Banking at Emirates NBD Egypt.

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