Italy-based firm, Eni, on Wednesday said it had obtained a commitment from Egypt that the troubled country would repay the $800 million it owed the oil and gas giant sooner.

Paolo Scaroni, the Eni CEO, told Reuters the Egyptian minister had confirmed this to him and that there was no cause to distrust the minister.

According to Reuters, Ahmed Galal, the minister of finance, said Egypt was set to pay back 2.5 billion to 4.0 billion Egyptian pounds it owed Egyptian contractors in the middle of next month.

With this move, the current Egyptian government is trying to tell investors in the country that there is no cause for alarm on ROIs. But fears are that things are still not back to normal in the North African country.

Only this week, an Egyptian soldier was fatally shot in an assault on the army car in Cairo’s northeast.

The killing of the soldier happened in Sharika in the Nile Delta. This was a drive-by shooting which saw attackers firing automatic rifles from a moving car.

Reuters reported that this attack raised worries that an Islamist insurrection was taking centre stage in some parts of the country.

Militant assaults have surged in the country after the military overthrew President Mohamed Morsi in July this year. This followed a rolling mass action against Morsi’s reign.

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