FINANCIAL NEWS

Egypt, France ink EUR 69mn fund agreement

03 Aug 2016

(MENAFN) Egypt signed a grant deal at EUR1mn with the French Development Agency in Egypt (AFD).

Additionally, the EUR 68mn gas home delivery deal has been adjusted, which will be invested in the fields of professional training, health and energy.

Moreover, almost EUR 300.000 will be allocated for financing technical and vocational training, which the agency will carry out viability studies.

Meanwhile, both energy and other sector, involving urban transportation will see investments value EUR 150.00 and EUR 300.000.

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