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Egypt: Bank Misr plans to raise $550 million to boost dollar reserve
Bank Misr, the second public bank in Egypt, plans to raise $550 million from international banks, before the end of the 2018 fiscal year, to boost its dollar reserve, Reuters reported on November 11, 2018, citing the bank’s vice-president Akef El Maghraby. The American bank Citibank and the Emirati National…
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Click here to read the full story: Ecofin Agency