Wednesday, December 28, 2016

France to support Egypt’s Energy sector with EUR 175 mn - ENTERPRISE

French President Francois Hollande (R) and his Egyptian counterpart
Abdel Fattah al-Sisi in Paris on 26 November, 2014 (AA)
Wednesday, 28 December 2016

France will support Egypt’s energy sector to the tune of EUR 175 mn, including EUR 150 mn for electricity and EUR 25 mn for the oil and gas sector, the International Cooperation Ministry announced. Minister Sahar Nasr reached the agreement with French Minister of State for Development and Francophonie, Jean-Marie Le Guen, during his visit to Cairo this week.
SOURCE