CBE said to receive USD300mn from Saudi Arabia to develop Sinai
The Central Bank of Egypt (CBE) has reportedly received USD300mn as a first installment of USD1.7bn pledged by the Saudi Fund for Development (SFD) to finance projects in Sinai Peninsula. This was part of USD25bn worth of deals signed during King Salman visit to Cairo, Minister of International Cooperation has earlier said. (Mubasher)
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