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Egypt secures 300 million riyals from Saudi fund

The Saudi Fund for Development started a project to improve irrigation for more than 20,000 feddans in Egypt.

Egypt secured a 300 million riyal ($80 million) loan from the Saudi Fund for Development to refurbish and replace irrigation pumps, the state-run Middle East News Agency reported, citing Irrigation Minister Hisham Kandil.


The project aims to improve irrigation for more than 200,000 feddans (208,000 acres) across the country, the Cairo- based agency said today.

Source: Bloomberg

22.7.2012
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    1
    German-Arab Chamber of Industry and Commerce
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    2
    British Egyptian Business Association
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    3
    French Chamber of Commerce in Egypt
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    Delegation of the European Union to Egypt
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    Italian Chamber of Commerce in Egypt
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