FINANCIAL NEWS

Egypt’s surplus stands at USD757 m in Q3

20 Dec 2013

(MENAFN) Egypt’s account has shown a surplus in the current year’s first three months after the billion-dollar loans from Gulf states, according to Arab News.

The current account’s surplus registered a USD757 million rise in the third quarter.

The country’s incurred debts reached USD12 billion from Saudi Arabia, the UAE and Kuwait, including petroleum products.

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