IMF loan
Political powers to protest IMF loan
Egypt
April 3, 2013
Political powers to protest IMF loan
A number of political powers and movements are staging a protest on Wednesday in front of the High Court to…
Official: IMF could change size of US$4.8 bln Egypt loan
Egypt
April 2, 2013
Official: IMF could change size of US$4.8 bln Egypt loan
DUBAI — The International Monetary Fund could conceivably change the size of the US$4.8 billion loan which it is negotiating…
Egypt lifts cooking gas price before IMF visit
Egypt
April 1, 2013
Egypt lifts cooking gas price before IMF visit
Egypt raised the price of state-subsidized cooking gas for the first time in two decades on Monday, a government official…
IMF negotiations to resume Wednesday
Egypt
March 31, 2013
IMF negotiations to resume Wednesday
Cabinet spokesperson Alaa al-Hadidy said the International Monetary Fund delegation will arrive in Cairo on Wednesday to resume negotiations that…
Minister: Govt considering three ways to subsidize fuel next fiscal year
Egypt
March 31, 2013
Minister: Govt considering three ways to subsidize fuel next fiscal year
The government is considering three ways to identify allocations for fuel subsidies in the new fiscal year 2013/14, which starts…
Egypt calls in favors as credit crunch hits key imports
Business
March 29, 2013
Egypt calls in favors as credit crunch hits key imports
Egypt has hit breaking point in its ability to pay for imports of oil, wheat and other basic commodities, forcing…
Al-Azhar asserts role, clashes with Brotherhood
Egypt
March 29, 2013
Al-Azhar asserts role, clashes with Brotherhood
Al-Azhar said on Thursday its clerics must be consulted on a law allowing the state to issue sukuk (Islamic bonds),…
IMF mission to visit Egypt in early April for loan talks
Business
March 29, 2013
IMF mission to visit Egypt in early April for loan talks
The International Monetary Fund said on Thursday it would visit Egypt in the "first days of April" for talks with…
Moody’s downgrades Egypt, citing unsettled political conditions, weak finances
Business
March 22, 2013
Moody’s downgrades Egypt, citing unsettled political conditions, weak finances
Moody's cut Egypt's credit rating on Thursday, citing unsettled political conditions and public finances, which it said raised the chance…
Egypt rejects link between IMF loan and stalled polls
Business
March 18, 2013
Egypt rejects link between IMF loan and stalled polls
Egypt rejected on Monday any link between stalled parliamentary elections and its drive to secure a loan from the IMF…