Egypt Expects Arab Allies to Provide Aid as Part of IMF Deal

  • IMF says will help Egypt secure required bilateral financing
  • Egypt, IMF reached an initial deal over $12 billion loan

QuickTake: Egypt's Faded Revolution

Egypt expects its oil-rich allies such as Saudi Arabia and the United Arab Emirates to provide funding as the country moves to finalize a $12 billion loan program with the International Monetary Fund, Prime Minister Sherif Ismail said.

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