28 January 2013

Egypt: European Bank Would Participate in Suez Canal Development

General Coordinator of the Suez Canal axis development project Waleed Abdul-Ghafor met Sunday 27/1/2013 with a delegation of the European Bank where the two sides discussed the Bank participation in the project at one billion euro in investments and loans.

A delegation's spokesman said this sum is part of €2.5 billion that the Bank has allocated in four Arab countries inducing Egypt then Morocco, Tunisia and Jordan.

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