VOL. XXXII
NO. 42
24-JULY-1989
Financial and Banking News
AID FLOWS
France Signs FF1.1bn Economic Cooperation Agreement with Egypt
According to the state-owned Middle East News Agency (MENA), France and Egyptsigned an economic cooperation agreement last month worth approximately FF1.1bn.Under the accord, France will extend to Egypt soft loans worth FF760mn, creditfacilities guaranteed by the French Government totaling FF289mn, and a FF100mngrant. Among the Frenchfinanced projects currently being...
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