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Thread: UK debt to Egypt rises to 300 billion sterling pound

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    Default UK debt to Egypt rises to 300 billion sterling pound

    House of Commons of the United Kingdom approved to pay 3 billion sterling pound of the debt for now.

    http://www.ahram.org.eg/News/41333/1...%8A%D9%87.aspx

    The memoirs of the envoy Melner and five of his ministers, which said: (Britain has borrowed from Egypt 3 million pounds and the right to claim them at any time)

    this debt raised to reach to about 300 billion sterling pounds nowadays.

    http://www.ahram.org.eg/News/41333/1...%8A%D9%87.aspx

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    I think UK must pay the debt plus cleaning western sahara from the mines they planted during ww2 to stop rommel forces (millions of mines).

    any action from Egypt's side in case of not paying the debt is legal (involves closing suez canal and stop these ships from going through it).

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    https://trove.nla.gov.au/newspaper/article/2627614

    RITAIN'S DEBT TO EGYPT
    CAIRO, Tuesday
    According to the Finance Minister
    (Makram Pasha) r Britain owes
    Egypt between £300 and £360. mil-1
    lion. He said that no agreement had [
    heen reached on a" settlement of the I
    debt but he suggested that Britain,!
    might repay in machinery and finish- j
    ed products. ^/

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    Hopefully Egypt will demanded
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    Quote Originally Posted by StonyArabia View Post
    Hopefully Egypt will demanded
    hope so.

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    Quote Originally Posted by Egyptian View Post
    https://trove.nla.gov.au/newspaper/article/2627614

    RITAIN'S DEBT TO EGYPT
    CAIRO, Tuesday
    According to the Finance Minister
    (Makram Pasha) r Britain owes
    Egypt between £300 and £360. mil-1
    lion. He said that no agreement had [
    heen reached on a" settlement of the I
    debt but he suggested that Britain,!
    might repay in machinery and finish- j
    ed products. ^/
    Machinery is okay but finished products? Really? I can't see Britain giving anything of value, maybe expired medication or Werther's original candy... Finished products are useless anyway.



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    Lol. The Brits are in debt to the Pharaohs. I wonder how this will turn up.

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    Quote Originally Posted by Gold-Shekel View Post
    Machinery is okay but finished products? Really? I can't see Britain giving anything of value, maybe expired medication or Werther's original candy... Finished products are useless anyway.
    that article from 40s or 50s, now we ask for our money not for machinery or finished products.

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    Quote Originally Posted by Toppo900 View Post
    Lol. The Brits are in debt to the Pharaohs. I wonder how this will turn up.
    hope it will end good for us since we're asking for our money back.

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    Great Britain's currency is the pound sterling, not 'sterling pound'.

    Is there a more valid news source for this claim in English please?

    The UK only recently finished paying off all our debts to the US for their help during WW2.

    As for Egypt... hmm, I've not seen any news reports from Westminster and the UK Houses of Parliament regarding this claim that MP's have agreed to pay anything to Egypt.

    The UK has helped plenty of refugees btw, and gives billions in Foreign Aid donations each year, as well as over £375 million per week to the EU, although that will stop after Brexit next year.
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