Presidential decree approves loan agreement for power station funding

Abdel Fattah El Sisi issued a decree Thursday approving a 60 million Kuwaiti dinar loan agreement to fund a power station in western Cairo.

The agreement was signed on April 7 between the Egyptian government and the Arab Fund for Economic and Social Development to contribute to the funding of west Cairo's 650-MW power station.

The decree was published in today's edition of the official gazette.