QATAR/LIBYA/EGYPT
Qatar And Libya Give Egypt $5Bn Emergency Fix
Qatar and Libya will provide crisis-ridden Egypt with an additional $5bn of financial assistance. This will help keep Egypt afloat whilst it continues to negotiate an IMF package – the size of which may be increased from the long-mooted $4.8bn. The announcement that Qatar is to purchase $3bn of Egyptian government bonds came as Egyptian Prime Minister Hisham Qandil visited Qatar. This comes on...
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