{"id":569387,"date":"2020-02-23T04:16:26","date_gmt":"2020-02-23T04:16:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/el-sisi-ratifies-usd-130-mn-loan-with-arab-fund-to-develop-electric-grid\/"},"modified":"2020-02-23T04:16:26","modified_gmt":"2020-02-23T04:16:26","slug":"el-sisi-ratifies-usd-130-mn-loan-with-arab-fund-to-develop-electric-grid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/el-sisi-ratifies-usd-130-mn-loan-with-arab-fund-to-develop-electric-grid\/","title":{"rendered":"El Sisi ratifies USD 130 mn loan with Arab Fund to develop electric grid"},"content":{"rendered":"<p>President Abdel Fattah El Sisi has ratified a loan agreement worth KWD 40 mn (USD 130 mn) from the Arab Fund for Economic and Social Development as part of the financing of the second phase of developing the electricity distribution network, <a href=\"https:\/\/alborsaanews.com\/2020\/02\/20\/1298698\">the local press reports<\/a>. The agreement was signed in August 2018 and approved by the House of Representatives in February 2019. The president\u2019s ratification was published in the Official Gazette on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Abdel Fattah El Sisi has ratified a loan agreement worth KWD 40 mn (USD 130 mn) from the Arab Fund for Economic and Social Development as part of the financing of the second phase of developing the electricity distribution network, the local press reports. The agreement was signed in August 2018 and approved by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[96,3262,2372,72,685],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569387","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-abdel-fattah-el-sisi","tag-arab-fund-for-economic-and-social-development","tag-banking-finance","tag-enterpriseam","tag-kuwait","wpautop","entry"],"acf":{"mongo_id":"4764cb1d-3aeb-40a7-ab29-04268a007b6b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569361],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>El Sisi ratifies USD 130 mn loan with Arab Fund to develop electric grid - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/23\/el-sisi-ratifies-usd-130-mn-loan-with-arab-fund-to-develop-electric-grid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi ratifies USD 130 mn loan with Arab Fund to develop electric grid\" \/>\n<meta property=\"og:description\" content=\"President Abdel Fattah El Sisi has ratified a loan agreement worth KWD 40 mn (USD 130 mn) from the Arab Fund for Economic and Social Development as part of the financing of the second phase of developing the electricity distribution network, the local press reports. 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The financing came from the Arab Fund for Economic and Social Development (AFESD).This comes as Egypt signed on Friday two agreements worth a combined\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600107,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/el-sisi-ratifies-usd-500-mn-world-bank-agreement-to-fund-egypt-education\/","url_meta":{"origin":569387,"position":1},"title":"El Sisi ratifies USD 500 mn World Bank agreement to fund Egypt education","author":"enterpriseam admin","date":"20 January 2019","format":false,"excerpt":"President Abdel Fattah El Sisi ratified a USD 500 mn funding agreement with the World Bank to fund Egypt\u2019s education reforms, which was published in the Official Gazette on Thursday, Ahram Online reports. 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