Reuters: US Dollar Report: Egypt receives $2 billion deposit from Kuwait

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Egypt receives $2 billion deposit from Kuwait Sep 26th 2013, 09:06 CAIRO, Sept 26 | Thu Sep 26, 2013 5:06am EDT CAIRO, Sept 26 (Reuters) - Egypt's central bank has received a $2 billion deposit from Kuwait, the governor said on Thursday. The deposit is part of $12 billion in aid that Saudi Arabia, Kuwait and the United Arab Emirates promised Egypt after the military deposed Islamist president Mohamed Mursi on July 3. "Yes. The Kuwait $2 billion (has been) received," Hisham Ramez told Reuters in a text message. Ramez said one week ago that Egypt had returned a $2 billion deposit from Qatar, which strongly supported Mursi, after negotiations to turn it into three-year bonds had failed.

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