Sisi approves loan agreement with SFD
President Abdel Fattah El Sisi
Cairo - MENA
President Abdel Fattah El Sisi approved on Monday a $60 million loan agreement with the Saudi Fund for Development (SFD).
The loan is to upgrade a power plant in Ismailia by increasing its generation capacity to 1,500 MW from the current 1,000 MW.
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