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Cairo, Egypt [RenewableEnergyAccess.com] Japan Bank for International Cooperation (JBIC) will loan 10,665 million yen [USD $90,000] to the Arab Republic of Egypt for materials, equipment and consulting necessary for the construction of a 150 MW integrated solar combined cycle power plant in the Kuraymat district, which is about 100 km south of Cairo.

The Japanese Government granted Egypt a LE300 million loan to complete the last phase of the Grand Egyptian Museum (GEM) in a deal signed Thursday, according to Antiquities Minister Zahi Hawass. During the signing of the deal with Japan International Cooperation Agency (JICA), Hawass said that construction work would begin in mid November and is scheduled to be completed by March 2015.

As a response to the historical changes underway in the Middle East and North African countries (MENA), the Deauville Partnership launched at the G8 Summit in May 2011, provided the concerned countries with a framework for partnership based on (i) a political process to support the democratic transition; and (ii) an economic framework for transparent, accountable government as well as sustainable and inclusive growth.

On 31 October, a group of researchers, activists and civil society organizations will launch the Egyptian Debt Audit and Cancellation Campaign in coordination with international actions in Europe and Latin America. The main goal of the campaign is to audit and cancel Egypt's foreign debt that was accumulated under ousted President Hosni Mubarak.