IMF loan
FJP leader: IMF loan approval contingent on adopting party’s economic reforms
Business
November 2, 2012
FJP leader: IMF loan approval contingent on adopting party’s economic reforms
A Freedom and Justice Party leader demanded Thursday that the Cabinet adopt the party’s economic reform program in order for it…
Government moves to rein in energy subsidy bill
Business
November 2, 2012
Government moves to rein in energy subsidy bill
The government has taken a first step to getting expensive energy subsidies under control, a key component of an economic…
IMF and govt agree on economic program, official says
Business
November 1, 2012
IMF and govt agree on economic program, official says
A senior government official said Thursday there has been a convergence of views between the IMF and the Egyptian government…
Pound weakens to near 8-year low as IMF talks resume
Business
October 31, 2012
Pound weakens to near 8-year low as IMF talks resume
The pound inched to its weakest in almost eight years on Wednesday as the government resumed negotiations for a US$4.8…
FJP leader: No disagreements with govt on IMF loan
Business
October 31, 2012
FJP leader: No disagreements with govt on IMF loan
There are no disagreements over the proposed IMF loan between the Freedom and Justice Party and the government, the head…
Egypt cuts size of T-bill auction ahead of IMF visit
Business
October 30, 2012
Egypt cuts size of T-bill auction ahead of IMF visit
Egypt reduced the size of a treasury bill auction on Monday in a what may be a sign that a…
IMF delegation to arrive in Cairo for loan negotiations
Egypt
October 29, 2012
IMF delegation to arrive in Cairo for loan negotiations
An International Monetary Fund delegation is set to arrive in Cairo Tuesday to negotiate a US$4.8 billion loan requested by…
IMF team to resume talks in Egypt next week
Business
October 24, 2012
IMF team to resume talks in Egypt next week
An International Monetary Fund team will arrive in Cairo next week to resume discussions on a US$4.8 billion loan that…