(MENAFN) Egypt Power Plant project is ready to obtain a sum of about USD1.07 billion as finance to continue its development process, according to an official source, Amwal Alghad reported.
The fund will be arranged by the National Bank of Egypt (NBE) and Banque Misr for the project located near Hamrawein port, aside the coastline of the Red Sea, the source added.
The loan will be arranged by two of Egypt's biggest state-run banks, the National Bank of Egypt (NBE) and Banque Misr, to fund a power plant project built near Hamrawein port, on the coast of the Red Sea.
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