Monday 29 December 2014
 
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Oil debt

Egypt 'seeking $1.5 billion loan to repay oil debts'

Egypt is looking to borrow at least $1.5 billion from local and international banks in order to repay debt owed to foreign oil companies operating in the country, Oil Minister Sherif Ismail said on Sunday. Ismail told Reuters payi

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Egypt 'seeking $1.5 billion loan to repay oil debts'

Egypt is looking to borrow at least $1.5 billion from local and international banks in order to repay debt owed to foreign oil companies operating in the country, Oil Minister Sherif Ismail said on Sunday. Ismail told Reuters payi

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Egypt set to pay $1 billion to foreign oil firms

Egypt's central bank has delivered $1 billion to the Ministry of Petroleum to repay on Monday part of the state's debt to foreign oil companies, the central bank governor said. Egypt pledged last week to pay $300 million o

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