IMF
Dented economy haunts Egypt a year after revolt
Business
February 10, 2012
Dented economy haunts Egypt a year after revolt
A year after Egypt overthrew Hosni Mubarak, the poor state of the once-growing economy of the Arab world's most populous…
PM: Donors say they want IMF accord first
Business
February 8, 2012
PM: Donors say they want IMF accord first
International donors have made any financial support they provide to Egypt contingent on Cairo first reaching agreement on a financing…
Foreign reserves fall, add to pressure on pound
Business
February 7, 2012
Foreign reserves fall, add to pressure on pound
The drain on Egypt's foreign reserves showed little sign of abating in January, adding to pressure on the government to…
IMF says too early to discuss action on Egypt loan
Egypt
February 5, 2012
IMF says too early to discuss action on Egypt loan
The International Monetary Fund has said it is still early to discuss any measures concerning Egypt's request for a US$3.2…
Egypt to seek US$1 bln in loans from World Bank, African Development Bank
Business
January 26, 2012
Egypt to seek US$1 bln in loans from World Bank, African Development Bank
Egypt plans to officially apply for US$1 billion in loans from the World Bank and the African Development Bank, the…
Obama set to speed aid to Egypt, official says
Business
January 26, 2012
Obama set to speed aid to Egypt, official says
US President Barack Obama plans to accelerate the pace of American aid to Egypt, a top State Department official said…
Egypt faces hurdles in securing IMF aid
Business
January 25, 2012
Egypt faces hurdles in securing IMF aid
Egypt faces a struggle to secure a US$3.2 billion International Monetary Fund aid package that economists say is crucial to…
IMF loans are usury, says Salafi party
Egypt
January 19, 2012
IMF loans are usury, says Salafi party
The Salafi Nour Party has criticized the government for plans to borrow from international financial institutions rather than implementing an…
IMF to resume talks with Egypt in February
Business
January 19, 2012
IMF to resume talks with Egypt in February
The International Monetary Fund's meetings with Egyptian officials over a financial support program will continue into February, an IMF official…
IMF delegation head: We won’t impose conditions for loan
Business
January 17, 2012
IMF delegation head: We won’t impose conditions for loan
The International Monetary Fund (IMF) will not impose conditions on Egypt in exchange for a loan of US$3.2 billion, Massoud…