debt
Minister: Egypt’s foreign debts within safe limits
Business
October 11, 2011
Minister: Egypt’s foreign debts within safe limits
Egypt's foreign debts remain within the safe limits of International Monetary Fund (IMF) and World Bank standards, Planning and International…
Govt: IMF to toughen Egypt’s loan conditions
Business
October 9, 2011
Govt: IMF to toughen Egypt’s loan conditions
The International Monetary Fund (IMF) will impose more stringent conditions on loans to Egypt, a senior Egyptian government official told…
Arabs may buy Egypt debt to cut highest yield since 2008
Business
September 24, 2011
Arabs may buy Egypt debt to cut highest yield since 2008
Arab governments or their investment arms may soon buy Egyptian treasury bills to help the government reduce the highest borrowing…
Egyptian contractors unable to compete for World Cup contracts
Business
September 16, 2011
Egyptian contractors unable to compete for World Cup contracts
Domestic contractors owed money by the Egyptian government are facing difficulties winning bids for infrastructure projects Qatar is planning for…
Co-opting Egypt’s farmers no longer feasible after 25 January
Egypt
September 10, 2011
Co-opting Egypt’s farmers no longer feasible after 25 January
Amid rising labor and social protests across Egypt, the ruling Supreme Council of the Armed Forces (SCAF) planned to breathe…
Egypt to rely on local market for financing, says minister
Business
September 7, 2011
Egypt to rely on local market for financing, says minister
ABU DHABI - Egypt has no plans to issue an international bond currently and will rely on local market to…
Egypt’s local borrowing may backfire on economy
Business
September 7, 2011
Egypt’s local borrowing may backfire on economy
Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive…
Govt reaches deal with Iraq over ‘yellow remittances’ debt
Business
August 4, 2011
Govt reaches deal with Iraq over ‘yellow remittances’ debt
Egypt and Iraq have reached a final settlement on the money Iraq owes to Egyptian expatriates who returned home during…
PM to discuss frozen remittances with Iraqi delegation
Business
August 1, 2011
PM to discuss frozen remittances with Iraqi delegation
Prime Minister Essam Sharaf will meet with a delegation of the Iraqi Finance Ministry on Tuesday to resolve the problem…
World Bank, IMF offers to Egypt spur debt fears
Business
June 22, 2011
World Bank, IMF offers to Egypt spur debt fears
If Egypt accepts the US$20 billion potentially on offer from international sources, it will be setting itself for up for…