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To ease its chronic traffic congestion, Cairo's is continually investing in extending its metro system. Work is currently in progress on phase 3 of line no. 3 which, when finished, will link the airport to the city centre. Version française

Designed to both resupply the Dead Sea with water from the Red Sea and provide drinking water to the region's inhabitants through desalination, the "Peace Canal" should theoretically be operational in 2018. Version française

International financiers in Lebanon, Jordan and Turkey need to cope with the emergency while preparing for the future. Version française

In the next few months, an Egyptian investment fund to finance projects carried by local SMEs is due to receive the backing of the EIB. Others will follow. Version française

The European Investment Bank is urging Mediterranean banks to provide financing to small, very small and medium-sized businesses. In Tunisia, the partnership with Réseau Entreprendre could be duplicated. Version française

The Egyptian government and international lenders are launching a number of projects designed to reduce CO2 emissions. Version française

Vice-President of the European Investment Bank and in charge since September 2015 of EIB activities in the Maghreb, Román Escolano speaks about his ambitions for this region. Version française

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LEBANON. The Lebanese energy sector is attempting to make up ground in terms of energy efficiency. Interview with Pierre El Khoury, director of the LCEC, an organisation affiliated to the Lebanese Ministry of Energy and Water that is charged with drawing up energy efficiency strategies. French version

All around the Mediterranean, countries are looking at improving their energy efficiency. Efficiency is thought of as key to reducing energy consumption, particularly in homes. This is why all the focus is on the building sector. French version

A consequence of political and military crises, after two years of high levels of funding, 2013 has seen a slow-down in the level of EIB investment on the southern and eastern shores of the Mediterranean. FEMIP (the Facility for Euro-Mediterranean Investment and Partnership) brings together all of the EIB’s work supporting socio-economic development in Mediterranean partner countries (Algeria, Egypt, Gaza-West Bank, Israel, Jordan, Libya, Morocco, Syria, Tunisia and soon Libya). Its director, Flavia Palanza, has the power to carry out substantial funding, but there has been a decline in the take-up and use of new lending by partner countries. Version française

Several sections have already been completed, but economic crises, corruption, and revolutions have delayed the opening of this major infrastructure project that should enhance relations between North African countries. It will be a few more years before you can drive from Agadir to the Libyan border without leaving the highway. Version française

Having given €4.3 billion in loans to France in 2012, The European Investment Bank will have a budget of €7 billion in 2013.
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THE MEDITERRANEAN. The EIB is reinforcing its strategy in the fight against climate change...

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EUROPE / THE MEDITERRANEAN. The European Investment Bank (EIB) shows its support for microcredit.

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MEDITERRANEAN. The Mediterranean Solar Plan should allow the positioning of renewable energy (particularly wind and solar power) at the heart of Mediterranean exchanges.
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MEDITERRANEAN. In the space of a year, the EIB has agreed more than €1bn of loans for rail related public transport projects (trams, trains, and subways) in Mediterranean countries.
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FRANCE. French constructors are looking for cleaner, greener vehicles. Current R&D principally involves the use of electrical technology.

French version