Planning and International Cooperation Ministry

Official: Egypt negotiates delaying foreign debt repayment
Business

Official: Egypt negotiates delaying foreign debt repayment

The Planning and International Cooperation Ministry is holding negotiations with creditor countries to delay an external debt payment of US$1…
Govt to abolish 95-octane gas subsidy by year end
Egypt

Govt to abolish 95-octane gas subsidy by year end

Planning Minister Ashraf al-Araby said the government plans to abolish the 95-octane gasoline subsidy before the end of the year.…
Abouelnaga signs US$50 million Saudi loan for Banha power plant
Egypt

Abouelnaga signs US$50 million Saudi loan for Banha power plant

Planning and International Cooperation Minister Fayza Abouelnaga signed an agreement Wednesday for a US$50 million loan from the Saudi Fund…
Government to officially sign IMF loan agreement in March
Business

Government to officially sign IMF loan agreement in March

The government has officially agreed to sign a deal with the International Monetary Fund for a loan worth US$3.2 billion…
Government gets US$1.2 bn commodity loan from Islamic bank
Business

Government gets US$1.2 bn commodity loan from Islamic bank

The Egyptian government has received a US$1.2 billion credit facility from the International Islamic Trade Finance Corporation (ITFC) to help…
Japan to loan Egypt US$1.2 billion to fund Cairo Metro
Egypt

Japan to loan Egypt US$1.2 billion to fund Cairo Metro

Japan will loan Egypt US$1.2 billion to fund its fourth metro line, Egyptian Planning and International Cooperation Minister Fayza Abouelnaga…
Mines to be removed from 40,000 acres of minefields in New Alamein
Egypt

Mines to be removed from 40,000 acres of minefields in New Alamein

The Urban Communities Authority is in the process of signing a protocol with the Planning and International Cooperation Ministry and…
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