Cairo – Mubasher: Egyptian President Abdel Fattah El-Sisi has issued a decree No. 227 for 2018 on the approval of a loan agreement between Egypt and the Kuwait Fund for Arab Economic Development signed on 13 March.
The loan will be used to construct a four-way road project within the framework of the Sinai Peninsula development programme at a cost of KWD 17.5 million, the decree, which has been published in the Official Gazette on Thursday, highlighted.
On 24 June, the parliament approved the presidential decree No. 227 for 108 regarding the loan agreement between Egypt and the Kuwait Fund.
