Saudi Fund To Lend Egypt $80 Mln Loan For Irrigation Projects

By Amwal Al Ghad English On Sep 19, 2012

Minister of Water Resources & Irrigation Mohamed Baha El-Din told al-Riyadh newspaper that the Saudi Fund for Development (SFD) will lend Egypt $80 million loan to finance irrigation stations, according to Bloomberg.

The loan facility is repayable over five years.

Mubasher

France Grants Egypt 300m Euros To Develop Cairo Metro

Egypt’s GASC Says Has Almost 7 Months’ Wheat Supply