AIIB to study Egypt’s funding requests in September

The Asian Infrastructure Investment Bank (AIIB) will look into Egypt’s pipeline of projects it wants funded, including those in renewable energy, in September, Finance Minister Amr El Garhy said, according to Al Masry Al Youm. El Garhy attended the 2017 board of governors meeting of AIIB in South Korea, where he also met with his South Korean counterpart. They discussed holding strategic talks between both countries on monetary and fiscal policies. El Garhy says he also discussed opportunities for cooperation with South Korea in automation, IT, and e-payments.