Egypt says Kuwait to ‘renew $4bn deposits’

Gulf countries, including Kuwait, have given Egypt billions of dollars in aid since 2013

Last updated: November 05, 2018 | 15:05

1 MIN READ

Cairo: Egypt’s central bank governor said on Sunday Kuwait has agreed “in principle” to renew $4 billion in deposits, state news agency MENA reported.

Arab Gulf countries, including Kuwait, have given Egypt billions of dollars in aid since 2013 when the army ousted Islamist President Mohammad Mursi following mass protests against his rule.

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Egypt says Kuwait to ‘renew $4bn deposits’

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