Egypt and the IMF: towards a bigger loan?
The update given by the Egyptian Planning Minister after talks with the International Monetary Fund has raised eyebrows. Minister Ashraf El-Araby described the talks as […]
Finance
Tunisia: IMF deal optional, Sukuk more important
Tunisia and the International monetary Fund (IMF) will be signing the loan agreement in May while they will be holding their “last round of discussions” […]
Egypt: Sukuk Market Will Increase as soon as the Legal Framework is Established
Sukuk will be sued to finance the upcoming Public Private Partnership (PPP) projects according to the financial advisor to the Ministry of Finance, Ahmed Al-Naggar. […]
Tunisia: Germany ready to increase investment and aid
Germany’s foreign minister, Guido Westerwelle, said they are ready to be more active in Tunisia provided that the country continues to move towards democracy. Minister […]
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 […]
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 […]