Sisi OKs OFID loan deal to implement grain storage project in Egypt

Thu, 27 Feb 2020 - 10:46 GMT

President Abdel Fattah El Sisi issued a decree Thursday approving a loan agreement between Egypt and the OPEC Fund for International Development (OFID) worth 14 million dollars set to establish grain storage facilities in Port Said.

OFID offers 2 grants to Egyptian organizations for $380K

Tue, 18 Sep 2018 - 09:46 GMT

The OPEC Fund for International Development (OFID) provided grants to the Regional Centre for Renewable Energy and Energy Efficiency (RCREEE) and the Bibliotheca Alexandrina.

Egypt signs $53.2M loan agreement with OFID

Mon, 23 Apr 2018 - 10:38 GMT

This loan agreement comes to finance rehabilitation and irrigation, and drainage pumping stations project phase II.

Business News Wrap-up

Mon, 23 Apr 2018 - 05:15 GMT

A wrap-up of the most prominent business news of the day.

OFID approves $454M for developing countries

Thu, 14 Dec 2017 - 07:30 GMT

The OPEC Fund for International Development (OFID) has approved more than $454 million in funding for the new development of developing countries.