IMF loan
After a year of uncertainty, Qatar and IMF open pockets
Egypt
August 22, 2012
After a year of uncertainty, Qatar and IMF open pockets
The Egyptian government entered negotiations with the International Monetary Fund for a US$4.8 billion loan on Wednesday, taking the most…
Update: IMF loan violates Sharia, says Nour Party
Egypt
August 22, 2012
Update: IMF loan violates Sharia, says Nour Party
The government should not borrow from the International Monetary Fund to boost the country’s cash reserve, the Salafi Nour Party…
Lagarde, Qandil hope for IMF deal before end of year
Business
August 22, 2012
Lagarde, Qandil hope for IMF deal before end of year
The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil…
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…
Central bank official: Foreign reserves may hit US$21.2 bn
Business
August 21, 2012
Central bank official: Foreign reserves may hit US$21.2 bn
An official at the Central Bank of Egypt told a state-run paper that he predicted the country's foreign reserve…
Finance minister: Negotiations with IMF resumed for $3.2 billion loan
Egypt
August 5, 2012
Finance minister: Negotiations with IMF resumed for $3.2 billion loan
The government is in contact with the International Money Fund to resume negotiations on a US$3.2 billion loan to Egypt,…
Qandil’s economic appointments maintain status quo in weakened govt
Business
August 3, 2012
Qandil’s economic appointments maintain status quo in weakened govt
As Prime Minister Hesham Qandil was unveiling the new Cabinet, unrest ensued in parts of the country. One person died…
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
Business
July 16, 2012
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
Minister of Planning and International Cooperation Fayza Abouelnaga said on Monday that "the dissolved Parliament’s attitude was behind the failure…
Living on borrowed time: Morsy’s political economics
Business
July 16, 2012
Living on borrowed time: Morsy’s political economics
President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
Feud between Brothers and military threatens fragile economy
Business
July 13, 2012
Feud between Brothers and military threatens fragile economy
Egypt's new Islamist president and his old military foes have come out swinging in a struggle for political power, but…