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Live News EQUITY ARTICLE M impact

Egypt Ministries Sign $2 Billion Debt Settlement Deal

Egypt's ministries have signed a framework agreement to settle a historic debt of EGP 102.75 billion owed to the National Investment Bank by the General Organization for Industrial and Mining Projects. The Prime Minister witnessed the signing.

75bn historic debt owed to the National Investment Bank (NIB) by the General Organization for Industrial and Mining Projects. The agreement was signed at…