Egypt Director at the European Bank for Reconstruction and Development (EBRD) Philip ter Woort said on Tuesday that Bank investments in Egypt hit one billion euros operating in 27 projects.
In press statements during a visit to this Upper Egyptian governorate, he added that these investments cover the domains of industry, agriculture, services along with finance.
These funds cover also projects in the energy and sanitary drainage domains, he added.
For his part, Assiut Governor Yasser Desouqy welcomed the EBRD delegation.
He noted that the Bank's decision to choose Egypt as a country of operations reflects the confidence of the international institutions in the Egyptian economy.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Edin Dzeko hit his ninth and 10th league goals of the season as Roma stayed in hot pursuit of leaders Juventus with…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
It took just seven days for "Wizard of Oz" nostalgics to raise more than $300,000 in a crowdfunding drive to restore Dorothy's…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday