Cairo – Mubasher: Egyptian president Abdel Fattah El-Sisi has issued a decree No. 301 for 2018 on the approval of a loan agreement between Egypt and the Kuwait-based Arab Economic and Social Development.
The KWD 60 million loan will be used for the development of Egypt’s electricity grid, according to the Official Gazette on Thursday.
The presidential decree had been approved by the Egyptian parliament on 25 July 2018, the state-run newspaper reported.
