Banks Egypt’s Central Bank Receives $2 bln Saudi Loan – Governor Yomna Yasser Jul 21, 2013 0 Egypt's central bank has received $2 billion in Saudi funds in the form of a five-year interest-free loan, the…
Industry & Trade Turkey Halts Navigational Lines With Egypt To Shows Solidarity With MB Administrator Jul 20, 2013 0 In an attempt to show solidarity with Muslim Brotherhood in Egypt, Turkey has taken a decision to prevent its…
Financial Institutions S&P Affirms Egypt’s Rating on Gulf Funds Yomna Yasser Jul 17, 2013 0 Standard & Poor's Ratings Services kept its credit rating for Egypt unchanged, after Gulf states pledged…
Financial Institutions New Egypt Minister Says No Need for IMF Aid Now Yomna Yasser Jul 15, 2013 0 Aid from Arab states will carry Egypt through its transition period, and it does not need to restart…
Financial Institutions Egypt Will not Convert Gulf Funds into Bonds – Officials Yomna Yasser Jul 15, 2013 0 Egypt is not planning to convert part of the financial aid pledged by Gulf nations into bonds, the country’s…
Egypt News Egypt Is Arena for Influence of Arab Rivals Yomna Yasser Jul 13, 2013 0 Three of the Persian Gulf’s richest monarchies have pledged $12 billion in cash and loans to Egypt, a decision…
Financial Institutions Egypt May Convert Gulf Funds into Bonds Yomna Yasser Jul 13, 2013 0 Egypt could convert part of the USD12bn of loans and grants pledged by Gulf nations this week into tradable bond…
Egypt News Egypt Faces Moment of Reckoning on its Economy as Protests Wane Yomna Yasser Jul 11, 2013 0 The initial euphoria of those who backed the military overthrow of Egypt’s elected Islamist government is fading…
Egypt News Egypt: Will the Gulf’s Billions Buy the Economy More Time? Yomna Yasser Jul 11, 2013 0 A multibillion-dollar aid package from three of the Gulf’s wealthiest nations to Egypt has raised questions over…
Egypt News UAE Offers Egypt $3 Billion Support, Saudis $5 Billion Yomna Yasser Jul 10, 2013 0 Saudi Arabia approved $5 billion in aid to Egypt on Tuesday and the United Arab Emirates has offered $3 billion in…