Egypt's central bank has received a $2 billion deposit from Kuwait, the governor said on Thursday.
The deposit is part of $12 billion in aid that Saudi Arabia, Kuwait and the United Arab Emirates promised Egypt after the military deposed Islamist president Mohamed Mursi on July 3.
"Yes. The Kuwait $2 billion (has been) received," Hisham Ramez told Reuters in a text message.
Ramez said one week ago that Egypt had returned a $2 billion deposit from Qatar, which strongly supported Mursi, after negotiations to turn it into three-year bonds had failed.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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