VOL. XXXIV
NO. 10
10-DECEMBER-1990
Financial and Banking News
Budgets & Revenues
Saudi Arabia Gives $1.5bn Grant to Egypt
The Saudi Foreign Minister, Prince Sa'ud al-Faisal, announced on 5 Decemberthat the Kingdom will grant Egypt $1.5bn to offset the effects of the Gulfcrisis on the Egyptian economy. He said that $1bn will be in balance of paymentssupport and the remainder in funding for development projects.
A royal decree issued by King Fahd on 30 November confirmed the cancellationof Egypt's...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!