Egypt Holds an Investment Forum

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Egyptian Interim Minister Hazem El-Beblawi has said Egypt is committed to settle 1.5 billion US dollars it owes foreign oil companies and increase economic growth to 3.5 percent by the end of the fiscal year.

El-Beblawi made the statement Wednesday at the Egyptian-Gulf Investment Forum in Cairo, in a bid to restore investor confidence in its country's ailing economy.
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Producer : Xinhua News Agency

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