Egypt - Urban & Transport

Egypt's parliament approves EGP 5 billion loan for EgyptAir to evade default

Egypt's House of Representatives – the lower house parliament – approved on Monday granting EgyptAir Holding Company a loan of EGP 5 billion from the National Bank of Egypt and Banque Misr under guarantees from the minister of finance.

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Egypt's parliament approves EGP 5 billion loan for EgyptAir to evade default