Hazem al-Beblawy

Egypt is facing financial crisis, says finance minister
Business

Egypt is facing financial crisis, says finance minister

Egypt is facing a financial crisis that only foreign funding could help alleviate in the short term, Minister of Finance…
Protesting workers demand implementation of order to return company to state
Egypt

Protesting workers demand implementation of order to return company to state

Dozens of Shebeen al-Kom Spinning and Weaving Company workers on Wednesday cut-off Qasr al-Aini street in downtown Cairo to demand…
Egypt negotiating US$3 billion loan with IMF
Business

Egypt negotiating US$3 billion loan with IMF

A senior official at the Finance Ministry said on Monday that the Egyptian government is resuming negotiations with the International…
Government signs permanent contracts for 124,500 employees
Egypt

Government signs permanent contracts for 124,500 employees

The Egyptian government signed permanent job contracts for 124,500 employees over the past three months, Finance Minister Hazem al-Beblawy said…
Petroleum minister criticizes continued energy subsidies
Egypt

Petroleum minister criticizes continued energy subsidies

Petroleum and Mineral Resources Minister Abdullah Ghorab criticized on Monday the continued government policy of energy subsidies at the expense…
Finance Minister Beblawy backtracks on pledged resignation
Egypt

Finance Minister Beblawy backtracks on pledged resignation

Egypt's Finance Minister Hazem al-Beblawy has told Al-Masry Al-Youm he will maintain his post after the ruling Supreme Council of…
Finance minister says military council rejected resignation
Egypt

Finance minister says military council rejected resignation

Finance Minister Hazem al-Beblawy has told Al-Masry Al-Youm that the ruling Supreme Council of the Armed Forces (SCAF) rejected his…
Beblawy’s resignation insufficient to contain uproar, experts say
Egypt

Beblawy’s resignation insufficient to contain uproar, experts say

The resignation of a leading cabinet member is not enough to contain outrage stirred up by this week’s bloody attack…
Finance minister resigns in protest of govt handling of Maspero clashes
Egypt

Finance minister resigns in protest of govt handling of Maspero clashes

Finance Minister Hazem al-Beblawy submitted his resignation on Tuesday to the cabinet, citing a worsening security situation after 25 were…
Finance Minister: Borrowing is the solution for financial crisis
Business

Finance Minister: Borrowing is the solution for financial crisis

Local or foreign borrowing is the immediate solution to the financial crisis in Egypt, Finance Minister Hazem al-Beblawy said on…
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