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Wednesday, 13 November 2019

Sisi approves technical assistance agreement between Egypt, European Investment Bank

MENA , Thursday 27 Sep 2018
Egyptian President Abdel Fattah Al Sisi  (Reuters)
Egyptian President Abdel Fattah Al Sisi (Reuters)
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Egyptian President Abdel-Fattah El-Sisi has issued a presidential decree approving a cooperation agreement for technical support between Egypt and the European Investment Bank.

Under the agreement, the bank is offering technical assistance to develop and expand a drainage treatment plant in Alexandria.

The deal was first signed in December of 2017.

El-Sisi also issued a presidential decree approving a partnership agreement between Egypt and the French Development agency, whereby the agency will offer a 500,000-euro grant to Egypt. 

The two decrees were published in the official state Gazette on Thursday.

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