Egypt: European MPs Tie Financial Support to Democracy, IMF Loan not Coming yet
While Egypt is in dire need of foreign assistance to take up the various challenges triggered by the severe downturn of its economy, Members of […]
Finance
Egypt: Cuts on Necessary Expenditures
The dwindling of Egypt’s foreign reserve is forcing the state to cut down on necessary expenditures. The foreign reserve fell by $105 million in February […]
Mauritania: financial cooperation
Sunday was a very busy day for the minister of economic affairs and development, Mr. Sidi Ould Tah, as he received delegates from two different […]
Egypt says IMF arriving soon
Egyptian Prime Minister Hisham Kandil said on Thursday that he expected an International Monetary Fund team to visit this month for talks on a loan […]
Egypt’s foreign currency reserves going down
Egypt is on the verge of running out of dollars as a run on its pound has left foreign currency in short supply and driven […]
AFESD Grants Mauritania over S10.5 million for electricity projects
The Arab Fund for Economic and Social Development (AFESD) granted Mauritania over S10.5 million to help it upgrade electricity facilities and meet the growing demand […]
Egypt: Qatar offers IPO package
Government officials from Qatar and Egypt are currently discussing the details of a $2.5bn Qatari aid package, by way of special IPO agreements in dollars. […]
Egypt gets Qatar’s billions before IMF
Qatar gave Egypt an economic lifeline by lending the country another $2 billion and given it an extra $500 million outright to help control its […]
Algeria-Qatar sign multiple agreements
During the Emir of Qatar’s visit to Algeria, a joint venture agreement has been signed between Algeria and Qatar for the construction of a steel […]
Tunisia: financial offshore centre
The desire to continue the $3 billion Bahraini project in Tunisia has been renewed by the Bahrain investment bank Gulf Finance House (GFH). The project […]