CAIRO, May 3, 2018 (MENA) - President Abdel Fattah El Sisi issued decree no. 328/2017, approving a loan agreement between the Egyptian government and the Arab Fund for Economic and Social Development (AFESD). The loan amounts to 26 million Kuwaiti dinars and with a 2.5% annual interest rate. It was signed on April 18, 2017. Under the agreement, the Kuwait-based pan-Arab development finance institution will fund the establishment of a photovoltaic power plant, with a 50-megawatt capacity, in Aswan's Kom Ombo city. The decree was published in the official gazette out Thursday.