2007 News Story
 

12/17/2007
Saudi Fund for Development to finance social development projects in Egypt

Saudi Arabia and Egypt today signed two loan agreements for social development projects.

The Saudi Fund for Development agreed to provide SR 100 million [$26.8 million] for Social Fund for Development projects and SR 85 million [$22.7 million] for the establishment of health care facilities.

Since 1975, the Saudi Fund for Development has contributed 12 loans worth $370 million to Egypt.


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