afd offers egypt €50m loan to establish controlling centre
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

AFD offers Egypt €50m loan to establish controlling centre

Arab Today, arab today

Arab Today, arab today AFD offers Egypt €50m loan to establish controlling centre

International Cooperation Minister Sahar Nasr
Cairo - MENA

French Ambassador here Andrea Parant and International Cooperation Minister Sahar Nasr witnessed the inking ceremony of an agreement between the Agence Française de Développement (AFD) and the Electricity and Renewable Energy Ministry where the AFD will provide Egypt a loan of 50 million euros.

In a statement issued on Wednesday, the French Embassy here said that the AFD backs the efforts exerted by the Egyptian authorities to develop electricity grids and had thus funded this project that aims at upgrading control mechanisms of electricity networks.

This venture includes building a control center in the medium-voltage grids for the Delta region and funding the technical support for the Egyptian Electricity Transmission Company (EETC) to develop control systems in Alexandria, Cairo and the canal's cities.

The project constitutes a priority for the AFD to improve the livelihood of citizens and support sustainable growth for the productive sector, the statement read, adding that the venture will decrease power outages.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

afd offers egypt €50m loan to establish controlling centre afd offers egypt €50m loan to establish controlling centre

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

afd offers egypt €50m loan to establish controlling centre afd offers egypt €50m loan to establish controlling centre

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation

GMT 17:03 2017 Tuesday ,24 January

NBAD issues Global Investment Outlook 2017

GMT 10:38 2017 Sunday ,10 September

king of cool vs. king of bling

GMT 21:09 2017 Saturday ,14 October

Nasr, WB officials discuss support offered to projects

GMT 09:14 2016 Thursday ,15 December

Film of abducted Yazidi girl wins Dubai award

GMT 10:32 2017 Friday ,20 January

IMF warns UK of future pain over Brexit

GMT 10:51 2016 Tuesday ,22 November

Klinsmann fired as US coach

GMT 05:23 2016 Friday ,09 September

China's athletes arrived in Rio for Paralympics

GMT 05:54 2016 Tuesday ,13 December

UNSC denounces Boutrosiya Church attack

GMT 21:10 2017 Monday ,18 September

Business Forum to start Sunday

GMT 05:20 2016 Friday ,07 October

Guardiola: I owe my success to Cruyff

GMT 09:23 2016 Tuesday ,06 September

Global charity attacked in deadly wave of Kabul violence

GMT 12:58 2016 Saturday ,24 September

Albania seeks to liberate chained bears

GMT 17:04 2017 Friday ,15 September

Kuwaiti PM and his Turkish counterpart hold talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday