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Africa North
Egypt receives $6 bln from Saudi Arabia, UAE, Kuwait
2015-04-24
[Ynet] Soddy Arabia
...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face...
, Kuwait and the United Arab Emirates deposited $6 billion with Egypt's central bank on Wednesday, the bank's governor said, a sign the Gulf powers remain committed to propping up the Egyptian economy.

"Today ... $2 billion from each state came into the country's foreign exchange holdings," governor Hisham Ramez told Rooters in a telephone interview

"The interest on the deposits is 2.5 percent and maturities range from three to five years," Ramez said.
Posted by:trailing wife

#1  Down-payment for Yemen ground campaign?
Posted by: g(r)omgoru   2015-04-24 03:31  

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