foreign aid
Egypt says formally requests US$4.8 bn IMF loan
Business
August 22, 2012
Egypt says formally requests US$4.8 bn IMF loan
Egypt has formally requested a US$4.8 billion loan from the International Monetary Fund, a spokesman for its president said on…
Palestinians in crisis, pledged aid not received
World
July 11, 2012
Palestinians in crisis, pledged aid not received
RAMALLAH — The Palestinian finance minister says his self-rule government is facing its worst financial crisis in years because donor…
Shura Council committee asks US to forgive Egypt’s debt
Business
June 11, 2012
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…
Saudi finance minister: US$2.7 bn aid package for Egypt being finalized
Egypt
May 22, 2012
Saudi finance minister: US$2.7 bn aid package for Egypt being finalized
Saudi Arabia is in the process of finalizing a US$2.7 billion aid package for Egypt, the Gulf kingdom’s finance minister…
EU allocates 20 million euros to support civil society in Egypt
Egypt
May 15, 2012
EU allocates 20 million euros to support civil society in Egypt
The High Commissioner for Foreign Affairs and Security in the European Union Catherine Ashton said the European Union has allocated…
Egypt sees Saudi financial help by end April
Business
April 19, 2012
Egypt sees Saudi financial help by end April
Saudi Arabia will deposit US$1 billion at the Egyptian central bank and buy T-bonds worth $750 million by the end…
IMF to schedule mission to Egypt later in March
Egypt
March 8, 2012
IMF to schedule mission to Egypt later in March
The International Monetary Fund has received a document outlining Egypt's proposed economic program to be supported by IMF financing and…
Ganzouri faces tough task selling IMF reforms
Business
February 29, 2012
Ganzouri faces tough task selling IMF reforms
Egypt's interim government will have to muster all its skills of persuasion to sell austerity measures to a country…
Economic gloom begins to lift in Egypt
Business
February 29, 2012
Economic gloom begins to lift in Egypt
When Egypt's stock market index climbed this week to its highest level since last July, it was more than a…
EU draft resolution calls on Egypt to protect civilians
Egypt
February 26, 2012
EU draft resolution calls on Egypt to protect civilians
Parts of an EU draft resolution concerning developments in Egypt were leaked from Brussels Sunday.
The draft, which will be…