FINANCIAL NEWS

FEB issues EGP35mn to Khedival Cairo development

17 Sep 2017

(MENAFN) The Federation of Egyptian Banks (FEB) issued EGP35mn of the EGP115mn whole investments needed for the improvement of Khedival Cairo.

Accordingly, the bank continued to participate to the development of the regional community, in Cairo or other governorates, particularly the poor governorates in Upper Egypt.

In addition, the development project costs almost EGP115mn, of which the civil society collaborated by EGP45mn, whereas the remaining was paid by the governorate.

Furthermore, the governorate enhanced a new system in order to monitor different neighborhoods to develop the cleanliness of the city and solve citizens.

MENAFN1709201700450000ID1095868448

MENAFN1709201700450000ID1095868448

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