S. Arabia, Qatar to fund Syrian state salaries for 3 months
Saudi Arabia and Qatar will provide joint financial support to state employees in Syria over a three-month period,…
Browsing Tag
Gulf aid
Egypt’s Deficit Exceeded Greece, Gulf Aid Ends On August –Source
An official governmental source revealed that the budget deficit for 2013/2014 was estimated to be 15.5%. However,…
Gulf Aids Ongoing without Terms Prejudice to Egypt’s Sovereignty:Minister
Gulf aid is continuously to Egypt within the upcoming period for financing service and development projects in…
BREAKING: Egypt’s Foreign Reserves Up at $17.414 billion in March
Egypt’s foreign reserves increased to $17.414 billion in March from $17.307 billion in February, the central bank…
Egypt Central Bank Governor Says Foreign Reserves to Continue to Rise
Egypt's Central Bank governor Hisham Ramez said on Wednesday he expects the country's foreign currency reserves to…
Egypt’s GDP Grew 1.2 % in First Half 2013/14: Minister
Egypt's economy grew 1.2 % in the first half of fiscal year 2013/14, the minister of planning said on Monday.…
BREAKING: Egypt Foreign Reserves up to $17.307 billion in February
Egypt’s foreign reserves rose by US$203 million to US$17.307 billion in February from US$17.104 billion in January,…
FT: Egypt’s Main Stock Index Back to 2008 Levels
Who says military rule is bad for stock markets? The EGX30, Egypt’s main stock index, is now over 7,700 – a level…
Egypt Outlook Raised To Stable By Fitch On Gulf Aid
Egypt’s credit classification was raised to stable from negative by Fitch Ratings, which cited financial aid from…
CBE: Egypt to Pay $1 Bln to Foreign Oil Firms Monday
Egypt's central bank has delivered $1 billion to the Ministry of Petroleum to repay on Monday part of the state's…
Gulf aid have saved the state’s credit rating
Cash reserve must be built by local production and investments rather foreign aid and loans Talk that the credit…
New Egypt Minister Says No Need for IMF Aid Now
Aid from Arab states will carry Egypt through its transition period, and it does not need to restart…
Egypt Is Arena for Influence of Arab Rivals
Three of the Persian Gulf’s richest monarchies have pledged $12 billion in cash and loans to Egypt, a decision…