UAE Pushing WB, IMF to Support Egypt
United Arab Emirates Minister of State Sultan Ahmed al-Jaber, who is currently in Egypt, said his country was…
Browsing Tag
Ahmed Galal
Egypt’s Finance Minister Faces Huge Challenges to Boost Economy
Egypt’s new finance minister is on a mission that is seemingly impossible: he has pledged to reduce the budget…
Egypt Interim Govt Targets GDP Growth between 3-3.5% in 2013/14
Dr. Ahmed Galal, Egypt’s Minister of Finance, stated that government targets to push GDP growth between 3-3.5% in…
Egyptian Finance Says Returning Deposit to Qatar Won’t Affect Cash Reserves
Ahmed Galal, the Egyptian Finance Minister, said Returning EGP 2 billion by the Central Bank of Egypt (CBE) to…
Italy’s Eni Says Egypt Pledges Repayment of $800 mln in Arrears
Eni has received a pledge from Egypt that it will repay arrears owed the oil and gas major to the tune of $800…
BP Discovery to Boost Egypt’s Natural Gas Reserves
Egypt’s natural gas reserves are expected to increase by roughly 1.2 trillion cubic feet (TCF) after the latest gas…
Egypt’s Interim Govt Unlikely to Resume IMF Talks – Minister Says
Although financial budget crunch still bites, Egypt’s interim administration is unlikely to resume talks over the…
Egypt Bets on Gulf Aid to Boost Economy As IMF Shunned
Egypt is betting on aid from its oil-rich Gulf neighbors to spur its ailing economy, ending a two-year pursuit of…
Egypt’s New FinMin Plans Stimulus, Not Austerity
Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by…
Egypt’s Finance: EGP 2.5 Bln For Financing July Allowance With 10%
Ahmed Galal, the new Egyptian Finance Minister, said the government has approved EGP 2.5 billion for financing…
