Cairo – Mubasher: Egyptian President Abdel Fattah El-Sisi on Thursday approved a loan agreement with China.
El-Sisi approved a framework agreement signed with China on 1 September 2018 to obtain a soft loan valued at CNY 4.6 billion ($674 million),
according to the state's official gazette.
In addition, an economic and technical cooperation agreement signed between the two countries was also approved, allowing Egypt to receive an interest-free loan.
