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Egypt's Economic Boost: IMF Expansion & Investment Deal
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Overview
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Egypt expands IMF loan by $5 billion, allows free trade of Egyptian pound, and secures $1.2 billion for environmental sustainability. Also, seals $35 billion investment deal with UAE's ADQ.
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How might the expanded IMF loan impact Egypt's economic growth and stability in the long term?
What implications does the $35 billion investment deal with ADQ hold for Egypt's future economic prospects and partnerships?
What specific environmental projects or initiatives is Egypt likely to fund with the $1.2 billion loan?
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