Last Update 12:7
Thursday, 06 May 2021

Egypt's Sisi approves loan worth $14 mln to establish grain storage in Port Said

The loan agreement was signed in July 2019 and ratified by parliament in November

Ahram Online , Thursday 27 Feb 2020
Egypt's President Abdel Fattah El-Sisi
Views: 1856
Views: 1856

Egypt's President Abdel-Fattah El-Sisi issued Thursday a presidential decree, No 519 of 2019, approving a loan agreement between Egypt and the OPEC Fund for International Development (OFID) worth $14 million.

The loan, which was signed in July 2019, is set to establish grain storage facilities in Port Said governorate.

The Egyptian parliament ratified the agreement in November before it was signed by the president.


Short link:



© 2010 Ahram Online.