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Home Egypt

Sisi ratifies law allowing finance minister to guarantee EgyptAir loan

by Gazette Staff
December 26, 2021
in Egypt
Sisi ratifies law allowing finance minister to guarantee EgyptAir loan 12 - Egyptian Gazette
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CAIRO -Egyptian President Abdel Fatah El Sisi signed a decree ratifying law No.160 for the Year 2021 allowing the minister of finance to issue guarantees necessary for EgyptAir to obtain an EGP 5 billion long-term finance loan from the Central Bank of Egypt (CBE) and Banque Misr.

The decree was published in the official gazaette Sunday.

Tags: DecreeEl SisiFinancePresident

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