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الأخبارالمتعلقة بالكاتب Eric Knecht
Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to repatriate profits, bankers said on Tuesday.
The Egyptian pound strengthened slightly on Monday days after the IMF approved a $12 billion loan the government hopes will jump-start the economy.
Egypt is in advanced talks with European countries to secure bilateral loans worth $800 million as it expands efforts to alleviate poverty.
Aswat Masriya English