Analysis - Rich despite its troubles, Libya flashes cash for Egypt


TRIPOLI (Reuters) - A country still rebuilding from civil war and prowled by loosely-governed bands of idle and heavily armed youths, Libya might seem an unlikely donor to bail out its bigger neighbour Egypt.

But by quietly finding $2 billion (1.3 billion pounds) of its oil-derived wealth to deposit in the Egyptian central bank, Libya is stepping back into its old role as North Africa's answer to the Gulf petro-states, discreetly deploying its cash to secure its interests.

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