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Egypt gets additional $300m in World Bank package

Summary by Arab News
CAIRO: Egypt will receive ‌an extra $300 million as part of a World Bank development financing package to help it confront fallout from the Iran war, Stephane Guimbert, the World Bank’s division director for Egypt, Yemen, and Djibouti, told reporters on Saturday. The package, consisting of $800 million from the World Bank and a $200 million British guarantee, is to support
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Arab News broke the news in Riyadh, Saudi Arabia on Sunday, May 10, 2026.
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