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IMF Lends $12 Billion to Egypt to Fix Ailing Economy - New York Times Thu, 11 Aug 2016 19:23:04 GMT

New York Times

IMF Lends $12 Billion to Egypt to Fix Ailing Economy
New York Times
Egypt is a strong country with great potential but it has some problems that need to be fixed urgently,” I.M.F. said in a statement, adding that the government planned to increase taxes and cut energy subsidies. Egypt said this week that it would ...
Egypt and IMF agree $12bn loan in bid restore confidence in economyFinancial Times
IMF agrees to $12 billion 3-year loan deal for EgyptCNBC
IMF, Egypt Agree on $12B Loan to Fix Ailing EconomyABC News
Wall Street Journal -Toronto Star
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Uproar over Egypt's policy of state-dictated Friday sermons - Chicago Tribune Thu, 11 Aug 2016 20:12:38 GMT

Chicago Tribune

Uproar over Egypt's policy of state-dictated Friday sermons
Chicago Tribune
Inside a large mosque in the Nile Delta, an Egyptian cleric looked over his congregation as he climbed the pulpit clutching a piece of paper and began to speak — delivering a 13-minute discourse on the virtues of personal hygiene. For the first time ...

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Canada cruises past Egypt in unique beach volleyball clash: DiManno - Toronto Star Thu, 11 Aug 2016 23:34:27 GMT

Toronto Star

Canada cruises past Egypt in unique beach volleyball clash: DiManno
Toronto Star
When the implication was put to the Canadians in the mixed zone Thursday, after they defeated the duo from Egypt in straight sets — 21-12, 21-16 — in their last pool group match, they were momentarily nonplussed. Believe me, nobody wants to express ...
Egypt's beach volleyball player in hijab gets Brazilian supportAlaska Dispatch News

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Egypt: Channel of concern - Financial mail Thu, 11 Aug 2016 23:15:06 GMT

Financial mail

Egypt: Channel of concern
Financial mail
WHAT IT MEANS: Egyptians were asked to help fund a wider Suez Canal. $12bn over three years sought from the IMF. One year after Egypt's celebrated expansion of the Suez Canal, the project has failed to yield the "exponential" revenue increase promised ...


Will thirst hit Egypt? - Ahram Online Thu, 11 Aug 2016 12:54:21 GMT

Al-Monitor

Will thirst hit Egypt?
Ahram Online
Egypt's water problem is not just about the Grand Renaissance Dam being built by Ethiopia on the Blue Nile. A leading problem is the growing population in the country, which is seeing an increase of 2.7 million citizens a year, making its increase ...
Dam construction going full steam while Egypt-Ethiopia talks stallAl-Monitor

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Gold Demand Slumps in Middle East as Egypt, Turkey at Record Low - Bloomberg Thu, 11 Aug 2016 13:34:12 GMT

Bloomberg

Gold Demand Slumps in Middle East as Egypt, Turkey at Record Low
Bloomberg
Egypt and Turkey led a slump in Middle East gold demand in the second quarter, with only Iran showing gains in the region's investment and jewelry consumption. Middle East jewelry demand declined 22 percent to 45 metric tons, with Egypt down 40 percent ...

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Egypt House Speaker Wants Illegal Currency Dealers Executed - New York Times Wed, 10 Aug 2016 10:33:59 GMT

STRATFOR

Egypt House Speaker Wants Illegal Currency Dealers Executed
New York Times
Even though authorities are unlikely to introduce capital punishment for illegal currency dealers, the speaker's comments mirror the extent of concern felt by the administration over the falling value of the Egyptian pound as well as Abdel-Al's own ...
Egypt Sorts the Chaff From Its Wheat Subsidies | StratforSTRATFOR
Egypt's el-Sisi marches onThe Africa Report
Egypt allegedly closes 48 forex bureaus in black market crackdownAl-Arabiya

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Will Egypt's warming ties with Israel leave Palestinians out in the cold? - Al-Monitor Wed, 10 Aug 2016 19:31:13 GMT

Al-Monitor

Will Egypt's warming ties with Israel leave Palestinians out in the cold?
Al-Monitor
Egyptian-Palestinian relations are tense after the rapprochement between Egypt and Israel as questions arise about the future of Egypt's role in the Palestinian ...

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Will new tax law save Egypt from budget deficit? - Al-Monitor Thu, 11 Aug 2016 22:41:23 GMT

Al-Monitor

Will new tax law save Egypt from budget deficit?
Al-Monitor
CAIRO — Egypt's parliament is currently discussing the final version of the value added tax bill in preparation for its entry into force to supersede the general sales tax law of 1991. The government claims that this draft law will increase state ...


ISIS Is Digging Up Nazi Land Mines in Egypt - Newsweek - Newsweek Thu, 11 Aug 2016 06:04:09 GMT

Newsweek

ISIS Is Digging Up Nazi Land Mines in Egypt - Newsweek
Newsweek
ISIS and other groups have MacGyvered decades-old mines, using their components for instruments of death.
Jihadis dig up Nazi mines buried in Egypt in World War TwoDaily Mail
ISIS Is Using Leftover Nazi Mines To Bomb Egypt | The Daily CallerDaily Caller

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