Egypt debt forgiveness

Qandil denies reports US will drop US$1 bn in debt
Business

Qandil denies reports US will drop US$1 bn in debt

Prime Minister Hesham Qandil denied on Tuesday reports that the US would drop US$1 billion from the country’s debt load.…
US delegation arrives in Cairo Tuesday to discuss aid package
Business

US delegation arrives in Cairo Tuesday to discuss aid package

  The US is resuming negotiations with the Egyptian government regarding an economic aid package to help Egypt overcome the…
Shura Council committee asks US to forgive Egypt’s debt
Business

Shura Council committee asks US to forgive Egypt’s debt

The United States should exempt Egypt from debts that account for 10 percent of its foreign financial obligations, said Mohamed…
US to forgive a third of Egypt’s debt over 3 years
Business

US to forgive a third of Egypt’s debt over 3 years

The United States has agreed to cancel one-third of Egypt's debts over the course of three years, the state news…
Egypt finance minister seeks $10 billion in funds
Business

Egypt finance minister seeks $10 billion in funds

Egypt is seeking $10 billion in funding from global lenders and rich nations to cope with the costs of the…
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