• 06:18
  • Wednesday ,17 August 2016
العربية

Egypt to sign $2.4m grant agreement with MENA transition fund

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12:08

Wednesday ,17 August 2016

Egypt to sign $2.4m grant agreement with MENA transition fund

 International Cooperation Minister Sahar Nasr will sign a cooperation protocol on a grant worth $2.4 million with officials from the Middle East and North Africa Transition Fund on Wednesday, Youm7 reported.

 
The grant aims to support the implementation of sustainable development projects carried out by the country’s private sector. It is also funded by the European Bank for Reconstruction and Development (EBRD,) a well-informed source told Youm7.
 
The fund aims to improve the lives of citizens in transition countries, and to support the transformation currently underway in several countries in the MENA.