Ashraf al-Araby
Minister expects Egypt to get IMF loan
Egypt
April 6, 2013
Minister expects Egypt to get IMF loan
Minister of International Cooperation Ashraf al-Araby said Saturday that the IMF will not reduce the size of a proposed…
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…
Iraq to pay US$60 mln in unpaid dues to Egyptian workers
Egypt
March 25, 2013
Iraq to pay US$60 mln in unpaid dues to Egyptian workers
Iraq has reportedly agreed to release US$60 million in unpaid dues to Egyptian workers, Iraqi Planning Minister Ali Youssef Shokry…
Ministry expectes LE300 bn worth of investments next year
Business
March 12, 2013
Ministry expectes LE300 bn worth of investments next year
Minister of Planning and International Cooperation Ashraf al-Araby said that the volume of governmental and private investments is expected to…
Egypt will not accept emergency IMF loan, says Cabinet spokesman
Egypt
March 12, 2013
Egypt will not accept emergency IMF loan, says Cabinet spokesman
Cabinet spokesman Alaa al-Hadidy said Tuesday that the government would not agree to an emergency loan with the International Monetary…
Minister: Egypt does not need IMF bridging funding
Business
March 10, 2013
Minister: Egypt does not need IMF bridging funding
Egypt does not need bridging financing as offered by the International Monetary Fund to some countries, but rather broad structural…
US gives Egypt US$190 mn in aid
Egypt
March 10, 2013
US gives Egypt US$190 mn in aid
Egypt signed an agreement Sunday for US$190 million in aid from the US, Planning and International Cooperation Minister Ashraf al-Araby…
Authorities looking for revenue boost, says planning minister
Business
February 5, 2013
Authorities looking for revenue boost, says planning minister
Minister of Planning and International Cooperation Ashraf al-Araby confirmed Tuesday that Egypt’s foreign cash reserves are enough to cover three…
Tourism union speaks out against fuel subsidy removal plan
Egypt
January 23, 2013
Tourism union speaks out against fuel subsidy removal plan
The government decision this week to remove subsidies on diesel designated for the tourism sector is a disaster, Khaled al-Mennawy,…