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A loan from Egypt's international bank of 600 million dollars
Egypt, Economics, 1/7/1999

The International Bank for Building and Construction decided to offer easy loans valued at $600 million to finance the implementation of a number of large projects during the coming 18 months. The bank's representative, Khaled Ekram, told ArabicNews.com today that the stable economic and political situation in Egypt have greatly contributed to attracting foreign and Arab capital and hastened the obtaining of this loan along with building international trust in Egypt's economy.

Previous Stories:
  Egyptian foreign debts amount to $29 billion   (1/6/1999)
  Four pounds for the euro in Egyptian banks   (1/4/1999)
  Egypt denies talks with Israel to export natural gas   (1/2/1999)
  Canadian commercial delegation to visit Cairo in February   (1/2/1999)

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