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English news

28-Jun-2016

Parliament approves USD1.5bn Sinai Development loan from Saudi Fund for Development

Parliament has approved a USD1.5bn loan from Saudi Fund for Development to finance the Sinai Peninsula development programme. The government had signed 12 funding agreements with the fund, including setting up agriculture and housing complexes in Sinai, as well as establishing a university in Al-Tor City, Minister of International Cooperation Sahar Nasr said. (Amwal Al Ghad)

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