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2026-08-15 Arabia

Saudi Arabia blocks Egypt from joining new defence alliance

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Posted by trailing wife 2026-08-15 2026-08-15 00:01|| E-Mail|| Front Page|| [268 views ] Top

1 Saudi Arabia's financial exposure to Egypt includes roughly $12.6 billion in bilateral debt and loans, alongside $5.3 billion in central bank deposits at the Central Bank of Egypt. Total historical pledges, development loans, and specific project financing over the years have surpassed $25 billion through combined packages.

Posted by grom the kindly 2026-08-15 04:58|| 2026-08-15 04:58|| Front Page Top

2 What exposure? It’s not likely they’ll get more than a pittance of that back, so they might as well write it all off as gifts and start handing out money afresh.

Posted by trailing wife 2026-08-15 11:52|| 2026-08-15 11:52|| Front Page Top

3 I barely remember - The United Arab Republic (UAR), a political union that existed from 1958 to 1961 between Egypt and Syria.

Posted by Bobby 2026-08-15 12:11|| 2026-08-15 12:11|| Front Page Top

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