egypt sees billions in aid from saudi uae soon
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Egypt sees billions in aid from Saudi, UAE soon

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Arab Today, arab today Egypt sees billions in aid from Saudi, UAE soon

Abu dhabi - Arabstoday

Egypt expects to reach a loan agreement with Saudi Arabia and the United Arab Emirates worth several billions of dollars each soon, while another $500 million should come from the Arab Monetary Fund, the country's finance minister said on Wednesday."There are talks about a package coming from Arab countries, from Saudi Arabia, from the Emirates. We are under discussion, but both of them have presented proposals of a couple of billion dollars each," Egyptian Finance Minister Hazem el-Beblawi told Reuters on the sidelines of a meeting of Arab finance ministers in the UAE capital.Asked when he expected a deal to be reached, he said: "Before the end of the year. It should be quite soon.Egypt expects to reach a loan agreement with Saudi Arabia and the United Arab Emirates worth several billions of dollars each soon, while another $500 million should come from the Arab Monetary Fund, the country's finance minister said on Wednesday."There are talks about a package coming from Arab countries, from Saudi Arabia, from the Emirates. We are under discussion, but both of them have presented proposals of a couple of billion dollars each," Egyptian Finance Minister Hazem el-Beblawi told Reuters on the sidelines of a meeting of Arab finance ministers in the UAE capital.Asked when he expected a deal to be reached, he said: "Before the end of the year. It should be quite soon.

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egypt sees billions in aid from saudi uae soon egypt sees billions in aid from saudi uae soon

 



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