IMF loan
IMF: Egypt must keep steady course for loan review
Business
November 27, 2012
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
November 27, 2012
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…
Govt making visits for financial pledges ahead of IMF report
Egypt
November 21, 2012
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…
Cabinet to remove subsidies for octane 95 gas
Business
November 21, 2012
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.
Egypt to finalize IMF loan agreement in December, source says
Business
November 21, 2012
Egypt to finalize IMF loan agreement in December, source says
A leading member of the Egyptian team negotiating the terms of a US$4.8 billion International Monetary Fund loan said the…
Wednesday’s papers: Conflict at home and abroad
Egypt
November 21, 2012
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…
PM: Investments increased to LE55.6 billion
Business
November 20, 2012
PM: Investments increased to LE55.6 billion
Prime Minister Hesham Qandil on Tuesday said the government has increased investments to LE55.6 billion this year. “The aspirations of…
Sealing the deal: Egypt closest it’s been to securing IMF loan
Business
November 20, 2012
Sealing the deal: Egypt closest it’s been to securing IMF loan
Egypt reached a preliminary agreement with an International Monetary Fund delegation Tuesday, putting into action the disbursement process for a…
Egypt reaches preliminary deal for US$4.8 billion IMF loan
Business
November 20, 2012
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,…
IMF mission stays for more loan negotiations
Business
November 14, 2012
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…