Latest in Tag: fund Highlight
Latest in Tag: fund
Economic reforms a âmustâ for Egypt growth: Lagarde
IMF chief says there are âencouragingâ signs in energy subsidy reform
IMF no longer forces âstructural adjustmentâ: Lagarde
The crisis lender is sensitive to charges it dictates socially and economically harsh reforms on countries availing themselves of its support.
Libyan fund sues Franceâs SocGen for $1.5bn
AFP â Libyaâs sovereign wealth fund is suing French bank Societe Generale in a British court for $1.5bn (âŹ1.1bn) for allegedly channelling bribes to allies of the son of slain dictator Moamer Qadhafi, officials said on Monday. The Libyan Investment Authority is seeking compensation from the bank and from WalidGiahmi, an alleged associate of Saif …
Court obliges the state to fund comatose protesterâs treatment
Moâawad Adel remains in a coma as a legal struggle for funding his treatment continues
Middle East funds most bullish about Egypt equities: Survey
The results of the survey of leading fund managers in the region, conducted in the past 10 days, show growing optimism about a recovery of Egypt’s economy
Fund manager targets up to 10% of UK Islamic bond issue
The planned ‘sukuk’, announced by Prime Minister David Cameron in October, is expected to launch next year and become the first by a Western government.
Prince Claus Fund Award goes to Ahmed Fouad Negm
Egyptian poet, Ahmed Fouad Negm is given the Principal Prince Claus Award for fighting for the people through art
More than 700 million worth of positive signals in Egypt
The âEgypt Supportâ Fund, the 306306 account, has exceeded EGP 700m according to Ashraf El-Araby, Minister of Planning and International Cooperation, in the less than two months since its creation. Two other similar funds had been established since the start of the January 25th Revolution in Egypt with comparatively little success in fund raising. I …
Central Bank announces âSupport Egyptâ account
The fundâs account number, 306306, refers to 30 June,when massive protests led to the ouster of Mohamed Morsi,Egypt’s first elected president.
Egyptian businessmen create economic rescue fund
Fund set up to commemorate Morsiâs ouster, help finance countryâs ailing economy
IMF claims progress in loan negotiations
The statement comea a few weeks ahead of planned protests for 30 June and amid an already-ailing economy one year into President Mohamed Morsiâs tenure.
ElBaradei: Current situation may lead to angry, hungry people
IMF is essential to economic recovery
Comatose protesterâs family calls for assistance
Moâawad Adelâs mother sends a legal notice demanding funds for her son to be treated abroad
Stalling in Mo’awad Adel’s case
Despite the court verdict, the comatose protesterâs health remains neglected
Egypt, US sign $190m deal
US Ambassador to Egypt Anne Patterson called the deal a âdown payment on Egyptâs promising futureâ
Qatar to double aid to Egypt
Qatari prime minister labels claims of dominance over Egypt âridiculous jokeâ
Rebel Economy Wrap
Human vs machine, IMF in Cairo, interest payments on Egypt debt
Qandil says he did not ask for aid
Algeria still holds economic potential
Swimming against the current
The governmentâs prescription to treat the economic recession weâre currently enduring has been a two-fold solution of increasing foreign investment and seeking more international loans. The monetary policy of maintaining the stability of the Egyptian pound against depreciation is a top priority. But how long can the state keep this up? How overvalued is the …
Former members of Peopleâs Assembly meet in parliament building
Former parliamentarians demand national referendum over PA dissolution
Interview with Richard Banks, Director of Euromoney Egypt Conference
What is the Euromoney Egypt Conference? The conference is a major economic, finance and business event about Egypt that will be held in Cairo on 9, 10 October. This year we will hold it at the Fairmont Heliopolis. Euromoney is a global financial media company which specialises in encouraging, covering and analysing cross-border flows of investment …
Cameron promises Morsy to unfreeze $160 million of assets for Egypt
British defence chief to travel to Egypt for meeting
What if foreign investment flows in?
Statements on investment and economic achievements made by Mubarak-regime ministers were never met with trust by the general public, while specialists could see that they were nothing more than media fireworks systematically set off to improve the picture of utter destruction the country’s state of affairs had reached. A simple review of the number of …
Reward offered for capturing Al-Assad
Meanwhile Syrian army reported to have tested chemical weapons
Two new political parties have marquee days
Al-Dostor Party officially established, Shafiq announces new party
From the other side: No dignity for an investor in his home!
No dignity for an investor in his home!
Qandil claims protesters were paid, plans to turn Tahrir into tourist attraction
PM says the square should host art exhibitions
EU doubles Palestinian aid to âŹ200 million
âŹ100 million to provide clean water, health care facilities and education
US business delegation promisese support for Egyptian economy
A United States business delegation has pledged to support Egypt in its transition to democracy through bolstering investment to create more jobs and promote economic growth. âWe hope that this delegation returns home with a very simple message: Egypt is open for business,â Thomas Nides, head of the US business delegation and the deputy of …
UK charity accused of funding Nigerian militant group
Al-Muntada Trust Fund accused of funding Islamist organisation Boko Haram