Home MoneyFinancial Institutions Egyptian Cabinet approves China’s 20 mln yuan non-refundable grant

Egyptian Cabinet approves China’s 20 mln yuan non-refundable grant

by Yomna Yasser

Egypt’s Cabinet has approved Thursday a non-refundable grant worth 20 million yuans ($3 million) from China.

The grant is designated to finance the supply of goods and commodities as well as devices to combat climate changes, a statement released by the Egyptian Cabinet added.

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