Middle East Economic Survey
VOL. LII
No 23
8-Jun-2009
EGYPT
Egypt Secures $30Mn From OFID For Abu Qir Power Project
The OPEC Fund For International Development (OFID) signed an agreement on 31 May to provide $30mn to finance the Abu Qir power project in Egypt. The total cost of the project is estimated at $1.56bn and co-financiers include the Islamic Development Bank, Arab Fund for Economic and Social Development, Kuwait Fund for Arab Economic Development, African Development Bank, Government of...
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