Sisi nods to AFESD’s KWD 70m loan deal

Cairo – Mubasher: Egyptian President Abdel Fattah El-Sisi approved a loan agreement with the Arab Fund for Economic and Social Development (AFESD), according to the state's official gazette.  

On 8 August 2018, the Egyptian government signed a deal with AFESD to obtain KWD 70 million finance.  

The loan will be used to finance the construction of a sewage treatment facility in Bahr El-Baqar, a small village on the outskirts of Egypt's Sharqiya.

Mubasher Contribution Time: 09-Jun-2019 10:52 (GMT)
Mubasher Last Update Time: 09-Jun-2019 11:00 (GMT)