VOL. XLVI
No 45
10-November-2003
EGYPT
ENERGY FINANCE
Egypt Publishes Details Of AFESD Loan For Nubariya Power Plant
Egypt has published details of the KD30mn ($98mn) loan from the Arab Fund for Economic and Social Development (AFESD) for the first stage of the Nubariya power plant (MEES, 27 January) in its Official Gazette of 9 October. The loan carries interest at 3% over a period of 25 years including a grace period of six years. It is repayable in 38 half-yearly installments of KD770,000 and a...
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