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EU Bank, HSBC Give $100M For Egyptian Energy Development

By Zachary Zagger (January 17, 2014, 3:27 PM EST) -- The European Bank for Reconstruction and Development said Thursday it is joining HSBC Bank Egypt to provide a total of $100 million in funding to the Improved Petroleum Recovery Group of Companies, an independent oil exploration company, for investment in Eqypt's energy sector....

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