Gulf Aids Ongoing without Terms Prejudice to Egypt’s Sovereignty:Minister

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Gulf aid is continuously to Egypt within the upcoming period for financing service and development projects in Egypt, Dr. Ashraf Al-Araby planning and International cooperation said.

On the sidelines of signing an agreement finance with European Investment Bank (EIB) for funding sewage project in Kafr El Sheikh, Al-Araby added that the donor countries do not impose any conditions that will prejudice to the Egyptian sovereignty.

The visit of the current government to UAE that will occur within a few coming days is the first visit since last February, noting that Gulf countries have had a supportive attitude to Egypt since June30.

Al-Araby has signed today an agreement with European Investment bank so as to obtain €163.500million as the bank will contribute in long-term loan with €77million.