Presidential decree approving loan deal on promoting entrepreneurship

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Thu, 26 Mar 2020 - 09:00 GMT

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Thu, 26 Mar 2020 - 09:00 GMT

Egyptian President and new African Union chairperson Abdel Fattah al-Sisi speaks during the 32nd African Union (AU) summit in Addis Ababa on February 10, 2019. (AFP)

Egyptian President and new African Union chairperson Abdel Fattah al-Sisi speaks during the 32nd African Union (AU) summit in Addis Ababa on February 10, 2019. (AFP)

CAIRO, March 26 (MENA) - President Abdel Fattah El Sisi issued a decree on Thursday sanctioning an agreement between the Egyptian government and the European Bank for Reconstruction and Development.

The 200-million-dollar loan deal is meant to support entrepreneurship to create more jobs.

The deal was inked in May 2019.

The decree was published in the gazette on Thursday.

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