foreign aid

Trump budget would slice domestic programs, foreign aid
World

Trump budget would slice domestic programs, foreign aid

President Donald Trump on Thursday will offer the first details of his plans for deep cuts in domestic programs and…
Trump administration to propose ‘dramatic reductions’ in foreign aid
World

Trump administration to propose ‘dramatic reductions’ in foreign aid

The White House budget director confirmed Saturday that the Trump administration will propose "fairly dramatic reductions" in the US foreign…
Arab Investors Union: Foreign aid cannot build an economy
Business

Arab Investors Union: Foreign aid cannot build an economy

Ambassador Gamal al-Bayoumy, head of the Union of Arab Investors, said that more Arab aid to Egypt is helpful, he…
External debt swells
Business

External debt swells

Egypt’s external debt grew by US $4 billion in March 2013 reaching $38.4 billion compared to $34.4 billion in June…
Saudi aid to Egypt starts to flow in
Egypt

Saudi aid to Egypt starts to flow in

The military airport, east of Cairo, welcomed on Tuesday two planes from Saudi Arabia bringing aid to Egypt, as per…
Arab states ready to cover any cuts in aid to Egypt: Saudi Arabia
Business

Arab states ready to cover any cuts in aid to Egypt: Saudi Arabia

Saudi Arabia said on Monday that Arab and Islamic countries will step in to help Egypt if Western nations cut aid packages to…
Egypt says Russia to help revive nuclear program
Egypt

Egypt says Russia to help revive nuclear program

Russia will help Egypt develop its nuclear power program, Trade and Industry Minister Hatem Saleh said on Monday, signaling that…
Islamic Development Bank promises major investments in Egypt
Business

Islamic Development Bank promises major investments in Egypt

The Islamic Development Bank plans to pump US$3 billion into the Egyptian market over the next five years, said on…
Egypt hits 2-wk high after funding pledge
Business

Egypt hits 2-wk high after funding pledge

The stock exchange hit a two-week high on Thursday after Qatar and Libya pledged US$5 billion in funding to a…
EU’s Ashton seeks consensus in Egypt on economy and reform
Egypt

EU’s Ashton seeks consensus in Egypt on economy and reform

The European Union's foreign policy chief met President Mohamed Morsy Sunday to encourage the country's feuding political leaders to seek…
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