Financial and Banking News
LOANS AND ISSUES
Egypt Signs Rescheduling Deal with Germany
Egypt and West Germany last week signed an agreement which reschedulesDM870mn-worth of government and commercial loans. The ten-year agreement, whichwas signed by the visiting West German Foreign Minister, Mr. Hans DietrichGenscher and the Egyptian Prime Minister, Mr. 'Atif Sidqi - includes a five-yeargrace period. According to a statement released by the West German embassy in...