IsDB working on 57 projects worth $3.8bln in Egypt

IsDB expressed readiness to provide Egypt with $126mln, to back up Cairo's efforts to fight the pandemic

  
A general view of the main entrance of the Islamic Development Bank Group in Jeddah, Saudi Arabia May 31, 2018.

A general view of the main entrance of the Islamic Development Bank Group in Jeddah, Saudi Arabia May 31, 2018.

REUTERS/Reem Baeshen

The Islamic Development Bank (IsDB) Group is currently implementing 57 projects worth $3.8 billion in Egypt, said Dr Bandar Hajjar, IsDB President.

He stressed the keenness of the IsDB to provide necessary support to the Egyptian economy in light of the Coronavirus pandemic, reported Saudi Press Agency (SPA).

Additionally, IsDB expressed readiness to provide Egypt with $126 million, to back up Cairo's efforts to fight the pandemic.

Copyright 2020 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Construction