VOL. XXXI
NO. 3
26-OCTOBER-1987
Financial and Banking News
AID FLOWS
Gulf States Pledge Aid to Egypt
As part of a major realignment in the Arab world because of the Iranianthreat to the Gulf, and after nine years of boycott because of Egypt's signingof a peace treaty with Israel, Saudi Arabia is reported to be quietlyundertaking the arrangement of a major financial assistance package to Egyptwith the aid of Kuwait and the UAE. According to the New York Times of 17October, the representatives of the...
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