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FINANCIAL NEWS
Egypt deals with Germany, Egypt, S. Korea, Kuwait worth USD3.5b
19 Nov 2016
(MENAFN) Last week, Egyptian parliament had endorsed four cooperation agreement signed with Germany, S. Korea, Japan and Kuwait, totaled USD3.5b.
While Egypt and Germany signed a financial cooperation worth USD70m, the agreement is designated to finance a number of vital projects related to renewable energy, drinking water, sanitation and women empowerment.
Moreover, for the South Korean agreement, it was signed on March 3rd at value of USD3b, marking as a framework for a future cooperation.
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