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Islamic Finance Briefing - Categorized | Emerging Trends, Islamic Law / Economics more

Politics hinders aid to Arab Spring economies

Posted on 28 June 2012

Over a year since the Middle East’s revolts began, countries hit by unrest are having trouble obtaining the foreign aid they badly need to rebuild their economies and ease social problems.
When Saudi Arabia withdrew its ambassador to Cairo in late April, yields on Egyptian Treasury bills rose and stock prices slipped as investors feared Egypt would be cut off from billions of dollars of Saudi financial aid………………………………………..Full Article: Source

 
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