President Abdel Fattah El Sisi issued a decree approving a grant agreement with the African Development Bank (AfDB) to start the first phase of a project to restructure the Nasser Social Bank (NSB).

Under the agreement signed on February 9, 2017, the AfDB will offer a grant of 555,200 dollars to the Egyptian government.

The decree was published in the Gazette out on Thursday 19/10/2017.