Qatar offers guarantees to local banks worth 3 bln Riyals

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CAIRO, March 29 (Reuters) – Qatar will allocate guarantees to local banks worth three billion Qatari riyals to support the economy in light of spread of coronavirus, state news agency QNA said.

The Gulf state has reported 634 cases of the disease. (Reporting by Samar Hassan; Editing by Giles Elgood)

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