{"id":599588,"date":"2019-01-03T04:45:57","date_gmt":"2019-01-03T04:45:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/"},"modified":"2019-01-03T04:45:57","modified_gmt":"2019-01-03T04:45:57","slug":"egypts-cabinet-approves-three-funding-facilities-for-water-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/","title":{"rendered":"Egypt\u2019s Cabinet approves three funding facilities for water projects"},"content":{"rendered":"<p><b>CABINET WATCH- Cabinet approves three funding facilities for water projects: <\/b>Cabinet ratified during yesterday\u2019s Council of Ministers meeting four agreements with preferential funding terms for water, sewage treatment and sanitation projects, <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/-the-Council-of-Ministers-meeting-No.-(25).aspx\">according to a statement<\/a>. The first, a <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/24\/egyptian-cabinet-signs-off-on-foreign-funding-for-sinai-infrastructure-projects\/\">KWD 15 mn facility<\/a> from the Kuwait Fund for Arab Economic Development (KFAED), will be used to set up four desalination plants in South Sinai. The second, a KWD 25 mn facility also from KFAED, will go towards the construction of a sewage treatment facility in Sharqia. The third and fourth, EUR 79 mn and EUR 69 mn from the European Bank for Reconstruction and Development, will be used for the <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/28\/ebrd-to-lend-egypt-eur-210-mn-for-kitchener-drain-depollution-project\/\">Kitchener Drain depollution project<\/a>. The latter project had also received funding from <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/18\/eib-approves-eur-214-mn-loan-for-kitchener-drain-depollution\/\">other sources<\/a>.<\/p>\n<p><b>Also approved during the meeting: <\/b><\/p>\n<ul>\n<li>Establishing a USD 50 mn textiles freezone in the 10th of Ramadan City;<\/li>\n<li>An <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/02\/egypt-approves-legalization-of-80-new-churches\/\">earlier decision<\/a> to legalize 80 churches and church service buildings;<\/li>\n<li>Establishing the five-faculty <a href=\"http:\/\/www.hu.edu.eg\/\">Heliopolis University<\/a> campus <a href=\"https:\/\/www.google.com\/maps\/place\/Heliopolis+University+for+Sustainable+Development\/@30.1667364,31.412168,12.96z\/data=!4m5!3m4!1s0x145810b17facab81:0xf126d311a977fa6e!8m2!3d30.153634!4d31.4316192\">along the Cairo-Belbeis desert road<\/a> near Salam City. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>CABINET WATCH- Cabinet approves three funding facilities for water projects: Cabinet ratified during yesterday\u2019s Council of Ministers meeting four agreements with preferential funding terms for water, sewage treatment and sanitation projects, according to a statement. The first, a KWD 15 mn facility from the Kuwait Fund for Arab Economic Development (KFAED), will be used to [&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":[8572],"tags":[7097,73,72,7087,7111,131,149,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599588","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-development","tag-education","tag-enterpriseam","tag-finance","tag-infrastructure","tag-manufacturing","tag-religion","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"29ade5ba-d64b-4e9f-ae67-c54d0539fe98","is_powered_by":true,"section_story_id":"faf59b17-5426-4507-8af0-ab22c37ccd19","story_type":"1","photo_url":"","photo_position":"above","related_issue":[599573],"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>Egypt\u2019s Cabinet approves three funding facilities for water projects - 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\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Cabinet approves three funding facilities for water projects\" \/>\n<meta property=\"og:description\" content=\"CABINET WATCH- Cabinet approves three funding facilities for water projects: Cabinet ratified during yesterday\u2019s Council of Ministers meeting four agreements with preferential funding terms for water, sewage treatment and sanitation projects, according to a statement. The first, a KWD 15 mn facility from the Kuwait Fund for Arab Economic Development (KFAED), will be used to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-03T04:45:57+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Cabinet approves three funding facilities for water projects\",\"datePublished\":\"2019-01-03T04:45:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/\"},\"wordCount\":171,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"Education\",\"EnterpriseAM\",\"Finance\",\"infrastructure\",\"Manufacturing\",\"Religion\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypts-cabinet-approves-three-funding-facilities-for-water-projects\/\",\"name\":\"Egypt\u2019s Cabinet approves three funding facilities for water projects - 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Development (KFAED) to continue the construction of a sewage treatment facility\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":591897,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/afdb-approves-eur-109-mn-facility-to-fund-luxor-water-treatment-projects\/","url_meta":{"origin":599588,"position":1},"title":"AfDB approves EUR 109 mn facility to fund Luxor water treatment projects","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"The African Development Bank board has signed off on a EUR 109 mn facility to develop sewage disposal and wastewater treatment plants for rural areas in Luxor Governorate, the bank said in a statement.The project is set to increase sewage treatment in the governorate from 6% to 55% to serve\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598804,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-el-sisi-ratifies-kwd-70-mn-loan-for-new-sewage-treatment-facility\/","url_meta":{"origin":599588,"position":2},"title":"Egypt\u2019s El Sisi ratifies KWD 70 mn loan for new sewage treatment facility","author":"enterpriseam admin","date":"9 June 2019","format":false,"excerpt":"El Sisi ratifies KWD 70 mn loan for new sewage treatment facility: President Abdel Fattah El Sisi has ratified a KWD 70 mn loan agreement signed last year with the Arab Fund for Economic and Social Development to finance a new sewage treatment facility in Sharqia\u2019s Bahr El Baqar. The\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":566420,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/more-details-on-that-eur-1-7-bn-french-financing-agreement-signed-earlier-this-week\/","url_meta":{"origin":599588,"position":3},"title":"More details on that EUR 1.7 bn French financing agreement signed earlier this week","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"We have a more detailed breakdown on some of the funding agreements to come out of French finance minister Bruno Le Maire\u2019s visit to Cairo this week. The International Cooperation Ministry had signed EUR 1.7 bn in financing agreements with French agencies and entities this week, according to a cabinet\u2026","rel":"","context":"In &quot;SPEED ROUND: DEVELOPMENT FINANCE&quot;","block_context":{"text":"SPEED ROUND: DEVELOPMENT FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/529.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572658,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/05\/egypts-cabinet-approves-changes-to-bankruptcy-code\/","url_meta":{"origin":599588,"position":4},"title":"Egypt\u2019s cabinet approves changes to bankruptcy code","author":"enterpriseam admin","date":"5 July 2020","format":false,"excerpt":"CABINET WATCH- Cabinet approves changes to Bankruptcy Act to further distinguish between creditors: Creditors will have more power to decide the future of bankrupt businesses if legislative amendments approved by the cabinet on Wednesday were to pass, Under the bankruptcy code, creditors would be able to vote on whether their\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/18.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631279,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/14\/egypt-kfaed-sign-five-loan-grant-agreements-worth-egp-5-bn\/","url_meta":{"origin":599588,"position":5},"title":"Egypt, KFAED sign five loan, grant agreements worth EGP 5 bn","author":"enterpriseam admin","date":"14 March 2018","format":false,"excerpt":"Kuwait earmarks EGP 5 bn to Sinai development projects: Investment and International Cooperation Minister Sahar Nasr signed yesterday five agreements worth a combined EGP 5 bn (KWD 86.1 mn) with the Kuwait Fund for Arab Economic Development (KFAED) to support development projects in Sinai, according to a ministry statement. 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