Last Update 18:23
Friday, 20 September 2019

Egypt says prepared to repay Qatari loan in days if necessary

Reuters, Wednesday 4 Sep 2013
Central Bank of Egypt
Central bank of Egypt (Photo: Reuters)
Share/Bookmark
Views: 2337
Share/Bookmark
Views: 2337
Egypt is prepared to repay within days $2 billion (LE1.28 billion ) that Qatar deposited with Egypt's central bank in May if talks to convert the funds into bonds do not succeed, a central bank official said on Wednesday.
 
"This supposedly should be moved to a three year bond, and still they have not finished it," said the official, who asked not to be named. "If it's not done we will repay it. We are ready for this."
 
He said the talks will continue for another week.
Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
2



Yehia
04-09-2013 06:07pm
0-
0+
Mistake
Well 2 billion qr are 3.9 billion egyptian pounds, unlike what is mentioned here. Cheap state media mistakes... typical
Email
 
Name
 
Comment's Title
 
Comment
1



CynthiaMercia
04-09-2013 02:43pm
0-
1+
We must also ask Egyptian to quit Qatar and Turkey
We must also ask Egyptian to quit Qatar and Turkey. Al-Sisi is restoring the self-respect of Egyptians by his courageous move.
Email
 
Name
 
Comment's Title
 
Comment
Latest

© 2010 Ahram Online.