Arab loans
Egypt may convert Gulf funds into bonds
Business
July 12, 2013
Egypt may convert Gulf funds into bonds
LONDON - Egypt could convert part of the USD12bn of loans and grants pledged by Gulf nations this week into…
Economists: Arab loans will increase currency reserves
Business
July 10, 2013
Economists: Arab loans will increase currency reserves
Economists have said that the US$8 billion Egypt will receive in loans from Saudi Arabia and the United Arab Emirates…
Egypt to borrow US$500 million from Saudi Arabia
Egypt
June 24, 2013
Egypt to borrow US$500 million from Saudi Arabia
Egypt will sign a deal with Saudi Arabia to obtain a loan of US$500 million to finance its budget deficit,…
Gulf pledges of financial help late, shrouded in secrecy
Business
April 4, 2012
Gulf pledges of financial help late, shrouded in secrecy
Over a year ago, Gulf leaders pledged loan, grant and investment packages to rescue Egypt from financial disaster during its…
Egypt to fund budget gap via local market, Arab help
Business
July 4, 2011
Egypt to fund budget gap via local market, Arab help
ABU DHABI--Egypt plans to fund its 134 billion Egyptian pound budget deficit through a combination of local market issuance and…