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 economy IMF agrees to $12 billion 3-year loan deal for Egypt IMF, Egypt Agree on $12B Loan to Fix Ailing Economy |
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 ... |
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 support |
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 ... |
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 stall |
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 ... |
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 | Stratfor Egypt's el-Sisi marches on Egypt allegedly closes 48 forex bureaus in black market crackdown |
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 ... |
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 ... |
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 Two ISIS Is Using Leftover Nazi Mines To Bomb Egypt | The Daily Caller |