Last Update 16:10
Wednesday, 13 November 2019

Egypt's Sisi issues presidential decree approving loan to build 4 desalination plants in South Sinai

MENA , Thursday 19 Sep 2019
Egyptian President Sisi
A file photo of Egypt's President Abdel-Fattah El-Sisi (Photo: Egyptian Presidency)
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President Abdel-Fattah El-Sisi has issued decree no. 83 of 2019 approving a loan agreement between the Egyptian government and the Kuwaiti Fund for Arab Economic Development.to build four sea water desalination stations in South Sinai.

The 15-million-dinar agreement was signed in Sharm el Sheikh on 8 December, 2018.

The decree was published in the official Gazette on Thursday.

The Kuwait Fund has supported 52 projects in Egypt with $3.46 billion since inception.

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