Egypt, Saudi Arabia sign deal over small, medium-sized projects
Cairo - MENA
A deal was signed on Sunday with Saudi Arabia to support small and medium-sized projects in Egypt, Egyptian Minister of International Cooperation Sahar Nasr said.
Speaking at a press conference, Nasr said the 200-million-dollar agreement was reached during the fourth meeting of the Egyptian-Saudi Coordinating Committee. The deal stipulates an interest rate of 5 percent, she added.
Another 40-million-pound deal was concluded to support the health sector in Egypt.