$2.5 billion in loans and donations to Egypt

The meetings of the consultative group of donor countries to Egypt are to be concluded this afternoon. The meetings were held in Paris over the last two days under the chairmanship of Kamal Darwish, the deputy chairman of the World Bank for the Middle East and North African affairs.

Egyptian Minister of Public Enterprises Atef Ebeid headed the Egyptian delegation to the meetings, in which representatives from the United States, the European Union, the European Investment Bank, the International Monetary Fund and international financial organizations in addition to many countries, donor funds and organizations affiliated to U.N. participated

Sources from the World Bank's mission in Cairo told ArabicNews.com that they expect the countries and organizations to agree to grant Egypt $2.5 billion in loans for this year to finance major projects in the basic infrastructure.