Development Bank

Germany’s Development Bank to fund capital projects in Egypt. Director of Germany’s KfW Development Bank Office in Cairo, Burkhard Hinz, have announced that the bank has agreed to support Egypt on its ongoing project with €1.8 billion. He also added that the total fund provided by the bank to Cairo have totaled to €5.5 billion since it began its operations in Egypt in the 1960s. The Development bank have been responsible for the establishment of some 900…