Sisi approves Korean loan to develop railway signalling system
President Abdel Fattah El Sisi
Cairo - MENA
President Abdel Fattah El Sisi issued a decree approving a soft loan offered by South Korea to upgrade Egypt's railway signalling system.
The loan agreement was signed between Egypt and Korea Economic Development Cooperation Fund (EDCF) in March of 2016 to develop railway traffic light system from Naga Hammadi to Luxor.
The Korean fund implements aid projects in developing countries.
The soft loan will be repaid over 40 years with an annual interest rate of 0.15 percent and a ten-year grace period.
The decree was published in the Gazette out Thursday.
Sisi also issued a decree approving a framework agreement signed between Egypt and South Korea in March of 2016 to get loans from the fund.
GMT 18:00 2017 Thursday ,09 March
Sisi approves Japanese loan to fund Borg el Arab airport expansionGMT 00:23 2017 Friday ,13 January
Sisi approves 1 bn loan deal with IBRDGMT 02:03 2016 Tuesday ,27 December
Sisi, Guelleh attach great importance to enhancing economic cooperationGMT 19:34 2016 Monday ,26 December
Sisi, Guelleh attend signing 7 cooperation deals, MoUsGMT 05:17 2016 Thursday ,15 December
PM: Gov't adamant to turn Suez Canal axis into up-to-date center for modern industries
- Thursday ,09 March GMT 18:00 2017 Sisi approves Japanese loan to fund Borg el Arab airport expansion
- Tuesday ,27 December GMT 02:03 2016 Sisi, Guelleh attach great importance to enhancing economic cooperation
- Thursday ,15 December GMT 05:17 2016 PM: Gov't adamant to turn Suez Canal axis into up-to-date center for modern industries
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 11:10 2018 Thursday ,30 August
Ariana Grande will perform at Aretha Franklin’s funeralGMT 11:30 2012 Monday ,09 January
Mutah University workers demand pay raiseGMT 16:28 2011 Thursday ,29 December
Scottish universities ordered to widen accessGMT 13:14 2013 Tuesday ,19 March
Qatar’s al-Jazeera to launch UK, French channels
GMT 13:24 2014 Monday ,01 September
Pakistan anti-PM protesters storm state TV
GMT 08:54 2017 Friday ,28 July
Major terrorist plot foiled in Saudi Arabia
GMT 09:23 2017 Monday ,17 July
Tropical Storm,leaves one dead
GMT 13:02 2017 Thursday ,27 July
Iraqi army prepares for a new operation in DiyalaGMT 09:14 2012 Thursday ,16 August
Modern \'Reading Furniture\' range
GMT 05:37 2018 Monday ,08 January
Explosion at Syria jihadist base kills 23: monitorGMT 23:00 2011 Monday ,19 December
Alessandra Ambrosio Tweets Behind The Scenes Photo
GMT 09:10 2017 Wednesday ,29 November
UN chief strongly condemns N. Korea missile launch
GMT 17:57 2016 Monday ,15 August
‘Godless’ scoops top prize at Swiss film fest
GMT 14:39 2016 Friday ,26 August
Dwayne Johnson tops Forbes list of highest-paid actors
GMT 15:07 2016 Monday ,12 September
Denzel’s role in new movie makes him a kid againGMT 11:32 2012 Thursday ,20 December
Funny film breaks box office boundariesGMT 12:10 2011 Sunday ,19 June
Ukraine\'s Naftogaz estimates gas pipe network
GMT 03:28 2017 Monday ,27 February
Iraqi PM orders air force strike against Islamic State inside SyriaGMT 21:16 2011 Wednesday ,09 November
Women suffer from \'same dress syndrome\'GMT 11:02 2011 Monday ,06 June
Tree -planting activities mark Environment Day
GMT 13:50 2017 Friday ,30 June
Tunisian security arrested 13 members
GMT 15:25 2015 Sunday ,20 December
EETC, Chinese consortium sign agreement on add 1800 megwatt of solar stations
GMT 20:54 2015 Friday ,06 March
4 primitive bombs go off in Cairo, Giza
GMT 18:17 2017 Thursday ,26 January
Arab Parliament Condemns Mogadishu Explosion
GMT 13:40 2016 Saturday ,26 March
Defending Nigeria's last elephantsGMT 01:09 2012 Tuesday ,10 July
Zambia women walk long way for maternal shelters
GMT 16:21 2013 Wednesday ,21 August
Samsung rolls out flip smartphone in Korea
GMT 20:12 2016 Wednesday ,13 April
Canadian Chamber of Commerce signs cooperation protocol with Ministry of Education
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor