Financial and Banking News

AID FLOWS

USAID provides $214nn for Egypt and Sudan 

An agreement has been reached between the Egyptian Ministry of Planning and the US Agency for International Development (USAID) to provide six grants totaling $103mn for various projects in Egypt. This was confirmed on 14 August by a US embassy official in Cairo, who revealed that USAID grants will be distributed as follows:

 $mn  Fourth unit of Shubra al-Kheima thermal power station 55 Waste water...