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Egypt has signed a $239 million loan with the European Bank for Reconstruction and Development (EBRD) to renovate on one of Cairo Metro’s oldest lines, Amwal Al Ghad reported on Wednesday. Cairo’s Metro Line 1, which is used by 500 million people per year, will be the target of the renovation project. “The system will introduce modern and efficient asset-management practices and provide a comprehensive tool for system optimisation and performance improvement,” the ERBD said in a statement. The loan…