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Foreign investments assets in Egypt up LE 1.5 billion
Egypt, Economics, 7/6/2005
A recent report revealed that foreign investments in Egyptian banks rose by LE 1. 53 billion between March and April.
The Central Bank of Egypt (CBE) report said that this now raises the total foreign assets in the Egyptian banking body to LE 75.165 billion.
According to the report, net foreign assets in the CBE in April were LE 29.791 billion, compared to LE 27.5 billion in March.
Other banks contained LE 45.374 billion in April, compared to LE 46.137 billion a month before.
Previous Stories:
$ 20 billion new investments in oil sector over five coming years
(6/11/2005)
Fahmy signs three oil agreements with British, Italian, German, Croatian firms
(6/6/2005)
160 foreign oil and gas companies in conference in Egypt
(5/16/2005)
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