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Sisi signs law allowing finance min. to guarantee ‘Super Jet’ loan

Sisi signs law allowing finance min. to guarantee ‘Super Jet’ loan

February 14, 2022
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Sisi signs law allowing finance min. to guarantee ‘Super Jet’ loan

by Gazette Staff
February 14, 2022
in Business
Sisi signs law allowing finance min. to guarantee ‘Super Jet’ loan 11 - Egyptian Gazette
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CAIRO – Egyptian President Abdel Fattah El Sisi signed on Monday Law No.7/2022 to allow the finance minister to guarantee the Arab Union Company for Land Transport (Super Jet) to obtain an LE800 million loan.

The loan is necessary to help Super Jet operations inside Egypt’s New Administrative Capital (NAC) to buy 120 minibuses and build a garage there.

The decree was published in the official gazette.

Tags: ‘Super Jet’ loanEgyptlawSisi

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