EGYPT 

Dahi: ‘Egypt Will Pay Debts’

Egypt fully intends to and is fully capable of repaying debts incurred for petroleum products purchases, head of state-owned Egyptian General Petroleum Corporation (EGPC) Hani Dahi told al-Masri al-Yawm newspaper. Mr Dahi denied reports that EGPC, which is responsible for Egyptian products imports, had cancelled a tender to import products because of a lack of cash. EGPC “has succeeded in paying $14bn over...