Monday, May 22, 2017

Egypt Will Make $750 mln Debt Payment

Posted by May 16, 2017

Egypt will make a debt payment of $750 million to international oil companies on June 1, Central Bank Governor Tarek Amer said on Tuesday.

Egypt has outstanding dues of about $3.5 billion to international oil and gas companies.

Amer said separately that Egypt has received $8 billion in investment from 150 global investment funds over the past six months.
 
(Reporting by Eric Knecht)

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