loan agreement
The deal was signed in Cairo on December 27, 2017.
The European Bank for Reconstruction and Development (EBRD) signed Tuesday a $10-million trade facility agreement with Al Ahli Bank of Kuwait–Egypt (ABK–Egypt).
The EBRD credit line to Banque Misr will enable Egypt's second largest public bank to increase its funding for SMEs.
President Abdel Fatah al-Sisi signs a loan agreement between Egypt and AFESD to finance the water supply project and development of agriculture in Sinai.
Sisi issued a decree approving a loan agreement signed by the African Development Bank (AfDB) to provide Egypt with 560,000 dollars to develop slum areas.
