foreign aid

Egypt says formally requests US$4.8 bn IMF loan
Business

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

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

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

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

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

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

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

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

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

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…
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