VOL. XXXIX

No. 47

19-August-1996

EGYPT

German State Bank In $100.8Mn Grant For Egyptian Environ- mental Project

The German government-owned investment and development bank Kreditanstalt fur Wiederaufbau (KFW), has agreed to make a grant of DM100mn ($67.2mn) for an environmental program in Egypt, according to geologist Salah Hafiz, head of Egypt's environmental affairs agency. The sum will be used to set up a fund to finance projects for treating industrial waste from 87 public sector...