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Egypt receives $2 billion deposit from Kuwait
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 theUAE promised Egypt after the military deposed 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.
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