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REGIONAL BANKING

EEC Provides $9.4mn to Egypt and Jordan 

The European Economic Commission has agreed to provide a soft loan and a grant worth $9.4mn to Egypt and Jordan. A technical cooperation agreement was signed with Egypt on 22 March providing for a $7.5mn loan to finance a soil improvement project at Kafr al-Shaykh, while a $1.9mn grant to Jordan will help supply computer equipment and technical assistance to the Engineering Faculty at Jordan...