24 June 2018 03:35 AM

Egypt signs MOU with Islamic Corporation on infrastructure projects

Friday، 19 May 2017 - 12:49 PM

Minister of Investment and International Cooperation Sahar Nasr signed on Thursday with Khaled al Abboudi, the CEO of the Islamic Corporation for the Development of the Private Sector a memorandum of understanding on developing cooperation in the fields of investment and infrastructure projects.

The memo was signed on the sidelines the 42nd meeting of the group of the Islamic Development Bank (IDB).

Nasr said the memo is part of the Egyptian government's efforts to encourage investment and partnership between the private and public sectors to finance infrastructure projects. (MENA)

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