IMF loan
Moody’s keeps Egypt’s credit rating at B2
Business
September 13, 2012
Moody’s keeps Egypt’s credit rating at B2
Moody’s decided on Thursday to maintain Egypt’s credit rating at B2 based on negative mid-range forecasts for the nation’s…
Public debt swelled, IMF loan pivotal, says finance minister
Business
September 12, 2012
Public debt swelled, IMF loan pivotal, says finance minister
Finance Minister Momtaz al-Saeed told the Shura Council on Wednesday that Egypt is in desperate need of the International Monetary…
Left criticizes IMF loan, but to little effect
Egypt
September 6, 2012
Left criticizes IMF loan, but to little effect
Leftist leaders have spoken out against a US$4.8 billion loan from the International Monetary Fund in past weeks. But with…
Qandil denies reports US will drop US$1 bn in debt
Business
September 4, 2012
Qandil denies reports US will drop US$1 bn in debt
Prime Minister Hesham Qandil denied on Tuesday reports that the US would drop US$1 billion from the country’s debt load.…
US delegation in favor of IMF loan, protesters say no
Business
August 29, 2012
US delegation in favor of IMF loan, protesters say no
The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the…
Salafi leader attacked for not declaring IMF loan usury
Egypt
August 28, 2012
Salafi leader attacked for not declaring IMF loan usury
Salafi groups attacked Salafi Dawah vice president Yasser Borhamy Tuesday for his public comments that a loan Egypt is set…
Morsy rules out currency devaluation
Business
August 27, 2012
Morsy rules out currency devaluation
Egypt's new president said on Monday he would not impose new taxes or devalue the country's currency and that…
Salafi Dawah vice president says IMF loan permissible in Islam
Egypt
August 27, 2012
Salafi Dawah vice president says IMF loan permissible in Islam
The vice president of the Salafi Dawah group, Yasser Borhamy, said Sunday the interest on the loan Egypt is set…
IMF loan, reforms ‘both vital for Egypt’
Egypt
August 26, 2012
IMF loan, reforms ‘both vital for Egypt’
International Monetary Fund approval of Egypt's request for nearly US$5 billion in aid would come as a vital boon to…
US delegation to visit Egypt late August, push for IMF loan
Egypt
August 26, 2012
US delegation to visit Egypt late August, push for IMF loan
A delegation of senior US economic officials will visit Cairo 27-30 August to meet with senior Egyptian officials as well…