World Bank
Egypt considers renegotiating loan with IMF
Business
September 18, 2011
Egypt considers renegotiating loan with IMF
Senior official sources have revealed that the Egyptian government is considering renegotiating with the International Monetary Fund (IMF) for a…
Egypt accepts US$2 billion from World Bank
Business
August 11, 2011
Egypt accepts US$2 billion from World Bank
The Ministry of International Cooperation has accepted US$2 billion in grants and loans from the World Bank under the Partnership…
Cost of wheat imports nears LE4bn every 3 months
Business
August 8, 2011
Cost of wheat imports nears LE4bn every 3 months
Egyptian banks give credit facilities of about LE3.9 billion every three months to wheat importers, National Bank of Egypt chairman…
Transparency and borrowing
Opinion
July 16, 2011
Transparency and borrowing
In the midst of the excitement about our historic revolution, we as Egyptians are naturally facing challenges around our national…
Japan pushes forward with solar power projects in Egypt
Environment
July 13, 2011
Japan pushes forward with solar power projects in Egypt
Although the economic slump of past months has stalled most of Egypt’s industrial projects, the Japan International Cooperation Agency (JICA),…
Egypt to fund budget gap via local market, Arab help
Business
July 4, 2011
Egypt to fund budget gap via local market, Arab help
ABU DHABI--Egypt plans to fund its 134 billion Egyptian pound budget deficit through a combination of local market issuance and…
Foreign capital inflows: The lingering contention
Opinion
July 4, 2011
Foreign capital inflows: The lingering contention
The recent decision to reject the loan deal offered by the International Monetary Fund has been received with much relief…
IMF places US$3bn at disposal of Egypt
Business
July 2, 2011
IMF places US$3bn at disposal of Egypt
The International Monetary Fund (IMF) has placed US$3 billion at the disposal of Egypt to use whenever it wishes, even…
IMF cancels Cairo visit after military council rejects foreign loans
Business
July 1, 2011
IMF cancels Cairo visit after military council rejects foreign loans
A source close to the International Monetary Fund (IMF) said the fund cancelled a visit to Cairo scheduled for July…