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UAE and Egypt renew Dh5bn currency swap deal to enhance economic development

The National — Business thenationalnews.com

Summary

The UAE and Egypt have agreed to renew their Dh5 billion ($1.36 billion) currency swap agreement as the two nations seek to further bolster their economic development. The refreshed deal, which is also equivalent to 69 billion Egyptian pounds ($1.32 billion), will be valid for five years and is…

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