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Sisi ratifies law allowing finance minister to guarantee EgyptAir loan

President Abdel Fatah El Sisi signed a decree ratifying law No.160 for the Year 2021 allowing the minister of finance to issue guarantees necessary for EgyptAir to obtain an EGP 5 billion long-term finance loan from the Central Bank of Egypt (CBE) and Banque Misr.

The decree was published in the official Gazaette  on Sunday26/12/2021.

 

Source: State Information Service Egypt