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Oil Minister Sherif Ismail said on Wednesday that Egypt had paid $2.1 billion of its outstanding debts to foreign energy companies. Ismail said in a statement the payment was the third batch of repayments to energy firms, which began in December last year, adding that the government still owes $3.1 billion. Payments of $1.5 billion were made in December 2013, and $1.4 billion in October 2014. The companies include British firm… more…

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