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Egypt’s Sisi issues presidential decree approving loan to build 4 desalination plants in South Sinai

Last updated on September 11th, 2021 at 03:23 pm

President Abdel-Fattah El-Sisi has issued decree no. 83 of 2019 approving a loan agreement between the Egyptian government and the Kuwaiti Fund for Arab Economic Development.to build four sea water desalination stations in South Sinai.
The 15-million-dinar agreement was signed in Sharm el Sheikh on 8 December, 2018.
The decree was published in the official Gazette on Thursday.
The Kuwait Fund has supported 52 projects in Egypt with $3.46 billion since inception.

Samuel Okoro

Samuel Okoro is a political analyst and journalist who reports on African Union policies, governance, and regional diplomacy. His writing focuses on how leadership decisions and cooperation among African nations shape the continent’s political and economic future.

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