Latest in Tag: aid Highlight
Latest in Tag: aid
Regional support braces Egypt while it works toward fiscal stability
Strong support from regional neighbours has helped buttress reserves, and GDP growth should tick significantly upwards next year, but fiscal health nonetheless represents a sticky challenge for whoever wins the forthcoming elections by next spring: traditional revenue sources such as tourism, taxation, exports and investments have declined, while government expenditures in the form of public sector wages and subsidies for both energy and food continued to expand.
US aid: âRecalibrationâ or change of strategy?
The U.S. State Department announced on Wednesday that it would halt the delivery of large-scale military systems and cash assistance to Egyptâs government. It said “credible progress” must be made towards free and fair elections. US State Department spokeswoman Jen Psaki said the United States is “recalibrating” its military aid to Egypt. While State Department did …
Egypt criticises decision to ‘recalibrate’ US aid
US state department announced it would halt parts of its aid to Egypt pending progress towards democratically elected civilian government
High level UNHCR talks on Syrian refugees
Talks in Geneva take place as the number of Syrian refugees has crossed the two million mark
Egypt to receive additional $ 2bn in aid from UAE
UAEâs prince Mohammed bin Zayed Al-Nahyan pledged to send $ 2bn additional aid to support Egypt
Syrian refugees in post-Morsi Egypt
Over 2 million Syrians have fled the bloody conflict in Syria, Egypt is home to over 100,000 registered refugees
Sisi meets with UAE prince
UAE prince and deputy commander Nahyan reiterates his countryâs support for Egyptâs interim government and military
Dispersals were ânecessary and inevitableâ: El-Beblawi
Prime minister comments on security, economy and ElBaradei
US reluctant to sever ties with Egypt: Hagel
State department continues to review âentire relationshipâ with Egypt
US State Department remains vague on aid to Egypt
Thursday briefing stresses judicial transparency and press safety
âWe Canâ campaign calls for review of Camp David accords
Campaign has collected more than 3000 signatures to reject âUS interferenceâ in Egypt
Obama faces distasteful choice in Egypt
The United States again faces the unpalatable policy dilemma that has shaped decades of relations with Egypt
What are the EUâs options in Egypt?
EU Foreign Ministerâs decisions may be ineffective without US support, says expert
US State Department discusses Egypt aid, condemns violence
Decision to suspend military and financial aid still undecided
Germany considering halting arms exports to Egypt: Merkel
Germany’s economic ministry indicated on Saturday that it had frozen all decisions on arms exports to Egypt.
US lawmakers split on whether to cut Egypt aid
While condemning the use of force by the military-backed interim government, many lawmakers expressed concern that halting aid would further erode US influence over the most populous Arab country
Qatar says it gives aid to Egypt, not Muslim Brotherhood
Qatar on Wednesday forcefully condemned the crackdown by Egyptian security forces on supporters of the Muslim Brotherhood
Tamarod aims to ban US aid and cancel Camp David peace treaty
New campaign “to revive national sovereignty”
Bloodshed shows lack of US leverage in Egypt
The United States has struggled to develop a coherent approach to Egypt since veteran strongman Hosni Mubarak, a close ally, was deposed in 2011.
US senators urge end to violence in Egypt and release of MB leaders
Senators John McCain and Lindsey Graham call for a transitional roadmap with clear timetables and inclusive reconciliation
Luxor tourism aid postponed
Financial donations to be distributed after Eid Al-Fitr
McCain and Graham arrive in Cairo
Despite âdangerâ of visit, US senators to present âunified messageâ to Egypt
Will Arab Gulf investments follow their aid commitments?
Head of Arabian House of Consultancy for Financial and Economic Investment says aid a reflection of âa conflict, and to show loyalty and support to Egypt.â
Finance minister directs Gulf aid to foreign reserves and state budget
Expert: Value of aid is âeconomically misleadingâ and unlikely to raise the foreign reserve level
Government plans to woo Gulf tourists
Vacation planners serving Gulf tourists can enjoy incentives including discounts on EgyptAir flights as well as at some facilities, with the aim of luring larger numbers of Arab tourists to the country.
US label of Egyptâs transition pending
The US administrationâs definition of Morsiâs ouster will determine status of future financial assistance to Egypt
Luxor still waiting for tourism aid
The financial support is said be distributed on the 27th of Ramadan, 5August; however no official statement was issued by the ministry.
Saudi deposit arrives to the Central Bank of Egypt
In a sign of support to Egypt’s economy, which continues to reel from more than two years of unrest, Gulf states have pledged $12bn aid
Post-Morsi economy: bullish or bearish?
Many domestic businessmen, however, disagree; a number have already expressed optimism since the ousting of former president Mohamed Morsi on 3 July, citing a mostly-gaining stock exchange benchmark index, a slight increase in the value of the local currency, and an influx of foreign aid.
Mona Makram Ebeid: IMF representatives reinforce the need to build a new strong economy within Egypt
IMF officials reinforced the need to encourage the growth of a strong new Egyptian economy rooted in the private sector, and build on competition instead of favouritism.