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Egypt postpones $6.6bn repayment to Saudi Arabia
The Central Bank of Egypt yesterday announced the postponement of the repayment of three Saudi deposits worth $6.6 billion for an additional year. Al-Araby Al-Jadeed quoted CBE in a statement as saying that the first deposit was worth $2.6 billion, adding that its repayment was postponed in return for paying…
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Click here to read the full story: Middle East Monitor