IMF

Egypt requests delay of IMF loan approval
Egypt

Egypt requests delay of IMF loan approval

Prime Minister Hesham Qandil confirmed that Egypt has requested from the International Monetary Fund a one-month delay in approval of…
IMF: Egypt must keep steady course for loan review
Business

IMF: Egypt must keep steady course for loan review

The International Monetary Fund's board will require there is no major change in economic outlook or policy when it considers…
IMF spokesperson: Loan contingent on implementation of policies
Business

IMF spokesperson: Loan contingent on implementation of policies

The IMF loan agreement Egypt reached last week with the fund’s delegation has not been directly affected by President Mohamed…
Jordan protest numbers dwindle, but discontent persists over subsidy cuts
World

Jordan protest numbers dwindle, but discontent persists over subsidy cuts

AMMAN –– A demonstration in the Jordanian capital was a wash on Friday, as rain soaked the city a week…
Cabinet to remove subsidies for octane 95 gas
Business

Cabinet to remove subsidies for octane 95 gas

  The Cabinet will remove subsidies on octane 95 gasoline, International Cooperation and Planning Minister Ashraf al-Araby said Wednesday.
Wednesday’s papers: Conflict at home and abroad
Egypt

Wednesday’s papers: Conflict at home and abroad

Scenes of bloody clashes between Tahrir protesters and police forces are back filling the front pages of local newspapers, accompanied…
Egypt reaches preliminary deal for US$4.8 billion IMF loan
Business

Egypt reaches preliminary deal for US$4.8 billion IMF loan

  Egypt has reached a preliminary agreement with a team from the International Monetary Fund for a US$4.8 billion loan,…
Jordan lifts fuel subsidies, sparks protests
World

Jordan lifts fuel subsidies, sparks protests

AMMAN — Jordan lifted fuel subsidies on Tuesday, aiming to reduce the budget deficit and secure a US$2billion IMF loan,…
In anti-IMF march, austerity fears and economic disillusion
Business

In anti-IMF march, austerity fears and economic disillusion

Several hundred protesters gathered on Monday evening outside the stock exchange building in downtown Cairo and marched to the headquarters…
Update: Political groups stage march against IMF loan
Business

Update: Political groups stage march against IMF loan

A number of political groups staged a march Monday evening from the Egyptian Stock Exchange building in downtown Cairo to…
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