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Egypt Gets $80 Million Saudi Irrigation Loan, Al-Riyadh Reports

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Sept. 19 (Bloomberg) -- The Saudi Fund for Development agreed to lend Egypt $80 million loan to finance irrigation stations, al-Riyadh reported, citing Mohamed Baha El-Din, the Egyptian Minister of Water Resources and Irrigation.

The loan is repayable over five years, the newspaper said.

To contact the reporter on this story: Deema Almashabi in Riyadh at

To contact the editor responsible for this story: Shaji Mathew at

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