17 Dec 2006 - 23:20 by OOSKAnews Correspondent
This is only an excerpt! Sign up for a free trial to receive CURRENT Daily Water Briefings or Weekly Water Newsletters. License Holders sign in to read the full text.
Saudi Arabia, CAIRO, Egypt, JEDDAH
— The Kuwaiti Fund for Arab Economic Development loaned $20 million to the Egyptian government to build a sewage treatment plant in Al-Shorouk, northeast of the Cairo.
The loan agreement calls for Egypt to repay over 20 years at a 2 percent annual interest rate.
The Egyptian government will get a four-year grace period.