International Monetary Fund
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.…
Brotherhood asks Al-Azhar to issue fatwa on IMF loan
Egypt
August 29, 2012
Brotherhood asks Al-Azhar to issue fatwa on IMF loan
Abdel Khaleq al-Sherif, head of the Muslim Brotherhood’s advocacy and guidance department, has asked Al-Azhar, the Ministry of Endowments and…
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…
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…
Update: Finance minister assures IMF won’t interfere with policy, addresses Qatar loan
Egypt
August 23, 2012
Update: Finance minister assures IMF won’t interfere with policy, addresses Qatar loan
The International Monetary Fund would not interfere with the Egyptian government’s new reform policies, said Finance Minister Momtaz al-Saeed on…
Thursday’s papers: IMF loans and counter revolutions
Egypt
August 23, 2012
Thursday’s papers: IMF loans and counter revolutions
President Mohamed Morsy’s meeting with International Monetary Fund Managing Director Christine Lagarde on Monday is the top story in Thursday’s…
Egypt struggles to buy fuel as credit dries up
Business
August 23, 2012
Egypt struggles to buy fuel as credit dries up
LONDON/CAIRO — Egypt is finding it increasingly difficult to import fuel as foreign banks and traders pull the plug…
IMF envoys: Egypt visit is to express solidarity, not discuss loan details
Business
August 23, 2012
IMF envoys: Egypt visit is to express solidarity, not discuss loan details
The International Monetary Fund's delegation in Cairo met with representatives from the economic ministries to agree on the steps Egypt…
After a year of uncertainty, Qatar and IMF open pockets
Egypt
August 22, 2012
After a year of uncertainty, Qatar and IMF open pockets
The Egyptian government entered negotiations with the International Monetary Fund for a US$4.8 billion loan on Wednesday, taking the most…
Update: IMF loan violates Sharia, says Nour Party
Egypt
August 22, 2012
Update: IMF loan violates Sharia, says Nour Party
The government should not borrow from the International Monetary Fund to boost the country’s cash reserve, the Salafi Nour Party…