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AME Info, Abu Dhabi, United Arab Emirates, Business Briefs Column.

Apr. 18--PROFITS PLUNGE AT BANK MUSCAT: Bank Muscat has posted a 52 per cent slump in annual profit to USD20.3 million for 2001 due to an increase in provisions for bad loans to USD61.6 million. Total assets stood slightly up at USD3.5 billion. Bank Muscat merged with the Industrial Bank of Oman in January and is the Sultanate's largest bank.

AMF PLANS USD118.3 MILLION LOAN FOR EGYPT: The Arab Monetary Fund is lending Egypt USD118.3 million to support its fiscal and banking reform programme, reported Gulf News. This brings the total value of loans from the AMF to Egypt

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