foreign aid

IMF postpones loan talks, again
Egypt

IMF postpones loan talks, again

The International Monetary Fund has once again postponed negotations on a long-awaited US$4.8 billion loan to Egypt, said a government…
Qatari PM says won’t let Egypt go bankrupt
Business

Qatari PM says won’t let Egypt go bankrupt

Qatar's prime minister said on Tuesday his country would stand by Egypt and did not want to see it go…
Qatari deposit pushes stock market up by 1.08 percent
Business

Qatari deposit pushes stock market up by 1.08 percent

The stock exchange rose Wednesday after Qatar raised its financial support to Egypt by US$5 billion.
Qatari prime minister arrives in Cairo to discuss economic relations
Egypt

Qatari prime minister arrives in Cairo to discuss economic relations

Qatari Prime Minister Sheikh Hamad bin Jassim arrived in Cairo late on Monday for a two-day visit. Jassim is to…
Govt making visits for financial pledges ahead of IMF report
Egypt

Govt making visits for financial pledges ahead of IMF report

A senior government official said that the government intends to start visits to obtain official confirmation and written agreements from…
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…
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…
EU allocates millions to improve Egypt’s water
Egypt

EU allocates millions to improve Egypt’s water

The European Commission announced on Thursday the allocation of 10 million euros to improve the water and sanitation networks in…
Turkey to provide Egypt with US$2 billion in financing
Business

Turkey to provide Egypt with US$2 billion in financing

Turkey has agreed during a visit by Egyptian officials to Istanbul to provide Egypt with a US$2 billion financing package,…
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