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Egypt Foreign Aid Saudi Arabia

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September 7, 1990 | NORMAN KEMPSTER, TIMES STAFF WRITER
Secretary of State James A. Baker III and King Fahd agreed Thursday on the outlines of a multibillion-dollar Saudi payment for U.S. military operations in the Persian Gulf and to cushion the impact of the crisis on poor front-line countries such as Egypt and Turkey. U.S.
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NEWS
December 2, 1990 | Reuters
Saudi Arabia is canceling Egypt's debts to the kingdom, the Saudi Press Agency reported. The agency quoted an official source as saying Friday night that King Fahd has ordered his government to forgive the debts. It did not say how much money was involved, but Cairo-based diplomats said Egypt owed Saudi Arabia about $4 billion. It has a total foreign debt of about $40 billion.
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NEWS
December 2, 1990 | Reuters
Saudi Arabia is canceling Egypt's debts to the kingdom, the Saudi Press Agency reported. The agency quoted an official source as saying Friday night that King Fahd has ordered his government to forgive the debts. It did not say how much money was involved, but Cairo-based diplomats said Egypt owed Saudi Arabia about $4 billion. It has a total foreign debt of about $40 billion.
NEWS
September 7, 1990 | NORMAN KEMPSTER, TIMES STAFF WRITER
Secretary of State James A. Baker III and King Fahd agreed Thursday on the outlines of a multibillion-dollar Saudi payment for U.S. military operations in the Persian Gulf and to cushion the impact of the crisis on poor front-line countries such as Egypt and Turkey. U.S.
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