foreign debt

DHAMAN expects Egyptian foreign cash to cover imports in 2014
Business

DHAMAN expects Egyptian foreign cash to cover imports in 2014

The Arab Investment & Export Credit Guarantee Corporation (DHAMAN), an autonomous Arab supranational organization, has forecasted Egypt’s GDP growth rate…
Budget deficit climbs to LE146.5 bln
Business

Budget deficit climbs to LE146.5 bln

  The national budget deficit jumped to LE146.5 billion from July 2012 to February 2013, a rise that is equivalent…
Foreign reserves at critical low, Central Bank says
Business

Foreign reserves at critical low, Central Bank says

Foreign reserves are now at a critical low and must be maintained to repay the foreign debt to preserve the…
World Bank promises Egypt US$1 billion loan
Egypt

World Bank promises Egypt US$1 billion loan

The World Bank plans to support Egypt’s economic reform plan with a US$1 billion loan to create new programs to…
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…
Egypt PM says very close to IMF deal
Business

Egypt PM says very close to IMF deal

Egypt aims to secure agreement on a US$4.8 billion loan from the International Monetary Fund in a few days to…
IMF mission stays for more loan negotiations
Business

IMF mission stays for more loan negotiations

The Central Bank announced Wednesday that an International Monetary Fund delegation is staying in Cairo for several more days to…
IMF team to resume talks in Egypt next week
Business

IMF team to resume talks in Egypt next week

An International Monetary Fund team will arrive in Cairo next week to resume discussions on a US$4.8 billion loan that…
Loan negotiations could conclude by November, says IMF
Egypt

Loan negotiations could conclude by November, says IMF

The International Monetary Fund is optimistic that negotiations for a US$4.8 billion loan to Egypt could conclude by mid-November, said…
The alternative guide to solving Egypt’s economic crisis
Business

The alternative guide to solving Egypt’s economic crisis

Egypt is currently taking a series of massive measures which officials say will help fix the country’s ailing economy. In…
Back to top button