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Egypt’s reviving tourism to prop up banking sector: Moody’s
A 51 percent year-on-year increase in tourist arrivals in the first quarter of 2017 is likely to prop up the banking sector in Egypt, said a report issued by Moody’s Investors Service. The increase in foreign-currency flow from tourism will boost Egyptian banks’ limited access to foreign currencies, improving their…
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Click here to read the full story: Arab News