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Egyptian presidential decree ratifies economic, technical deal with China

MENA , Ahram Online , Thursday 25 Jul 2019
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President Abdel-Fattah El-Sisi issued on Thursday a decree ratifying an economic and technical cooperation deal between the Egyptian and Chinese governments.

The deal was inked on 1 September 2018.

Under the deal, China will extend to Egypt a 100 million CNY ($14.5 million) grant to implement projects upon which the two sides would agree upon.

The parliament has approved the decree, which was published in the gazette on Thursday.

 

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