Egypt: Nation, Saudi Arabia Sign 3 Loan Agreements Worth U.S. $230 Million

Prime Minister Hisham Qandil witnessed on Monday 3/12/2012 the signing ceremony of three loan agreements, worth $230 million, offered from the Saudi Fund for Development (SFD) to finance three development projects.

The agreements came as part of $500 million soft loans offered by the SFD to fund three projects in different sectors such as housing, drinking water, sanitary, health, irrigation, supply, education and transport.

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