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FINANCIAL NEWS
Egypt signs 6 deals with EU at 130m euro
12 Oct 2016
(MENAFN) Minister of Intl’ Co-op signed an agreement with EU at a value of 130mn euro, which include the construction of a wind power plant in the Suez Canal area.
Moreover, another project will see the building of an agricultural sewage facility in Upper Egypt at a cost of 8mn euro.
In addition, humanitarian development is also included in the deal with the allocation of 26mn euro towards projects to develop lower income areas.
The EU is working on enhancing new incentives that will focus on helping developing countries, such as Egypt, by making more jobs.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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