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  • 12-12-15

    Egypt seeks Gulf help for investment

    (MENAFN) Egypt plans to hold talks with Saudi Arabia, Kuwait and the UAE in order to secure more help and investments.

    Moreover, the nation seeks to ease a dollar crunch threatening to detrail its nascent economic recovery.

    Additionally, the talks will concentrate on "areas of collaboration" including investments, development help and foreign-exchange.

    Accordingly, the three Gulf Arab monarchies provided tens of billions of dollars to help the nation's economy since 2013.

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