sisi sanctions egypteurope deal on sanitation project
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Sisi sanctions Egypt-Europe deal on sanitation project

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Arab Today, arab today Sisi sanctions Egypt-Europe deal on sanitation project

Sanitation project
Cairo - MENA

President Abdel Fattah El Sisi issued Thursday a decree sanctioning an agreement between the Egyptian government, the European Investment Bank (EIB) and the European Union on a sanitary services project in Kafr el Sheikh.

Under the decree - published in the Gazette Thursday - the EIB will offer a 77-million-euro loan and the EU will pay a 15-million-euro grant for the project.

The deal was signed on May 15, 2015.

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