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Tag: free loan

Egypt Features Headlines

Libya gives Egypt billions interest free loan

April 11, 2013April 11, 2013North Africa PostComments Off on Libya gives Egypt billions interest free loan

According to an official at the Egyptian finance ministry, Libya will be giving Cairo a loan to ease the pressure on the government. It will be offering a $2 billion five-year loan after an agreement was signed to formalize the deal. The loan will be interest free for Egypt with a 3year grace period. The […]

| Editorial by MysteryThemes.