The Ismail Cabinet approved yesterday the establishment of a furniture division in the Federation of Egyptian Industries, according to an official statement. Cabinet also signed off on a USD 200 mn loan the European Bank for Reconstruction and Development is extending to the Egyptian Natural Gas Holding Company (EGAS) to improve natural gas infrastructure, as well as a EUR 400k loan from the European Investment Bank for sanitation and wastewater projects in Alexandria. The ministers also agreed to disburse exceptional financial payments and pensions to the families of those killed or injured in the Helwan church bombing last month.
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