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Egypt’s NIB settles 90% of historical financial obligations
Egypt and global economy brief

Egypt’s NIB settles 90% of historical financial obligations

Amwal Al Ghad
✦Key takeaways
  • Egypt’s National Investment Bank (NIB) has completed around 90 per cent of its historical financial settlements and interlinked obligations, totalling 298.8 billion Egyptian pounds, the Ministry of Planning and Economic Development said on Thursday.
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