Tunisia on the road to sign a deal with IMF
Tunisia has finally reached an agreement with the International Monetary Fund for the $1,78 billion precautionary loan. Negotiations between the two parties have been tedious […]
Finance
Egypt: Central bank holds special auction
The obligation to provide basic imported commodities has forced the Egyptian central bank to auction $600 million. Despite such an amount, foreign exchange dealers believe […]
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 […]
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 […]