Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy …
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Austerity Measures
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The International Monetary Fund does not yet have an agreement with Egypt on providing financial support to …
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Egypt will auction off pricey gifts received by its senior government officials next week, including luxury watches …
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A plan by Egypt’s Islamist-led government to develop the land along the Suez Canal faces fierce opposition …
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Egypt News
Coffers Draining, Egypt Accelerates Search For Billions In Loans, Knocking On World’s Doors
by Yomna Yasserby Yomna YasserDuring a meeting in a Black Sea resort city, Egypt’s president and members of his government turned …
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Financial Institutions
EFG-Hermes: Egypt Will Not Get IMF Loan Before Q4/13
by Yomna Yasserby Yomna YasserCash-strapped Egypt will not obtain the International Monetary Fund’s long-awaited US$ 4.8 billion loan before the fourth …
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Spanish stocks were under pressure on Monday after the ruling People’s Party failed to obtain an absolute …
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