Egypt, Japan sign USD 175.7 mn loan agreement to finance Japanese schools

Egypt and Japan signed yesterday a USD 175.7 mn loan agreement to finance the construction of schools in Egypt that operate using Japanese curricula, Youm7 reports. The schools had pushed their inaugural semester for a year from last fall. 22 out of a planned 45 schools are expected to be ready for September. The agreement followed a meeting between President Abdel Fattah El Sisi and Japan International Cooperation Agency (JICA) head Shinichi Kitaoka yesterday.