Latest in Tag: gulf countries Highlight
Latest in Tag: gulf countries

$ 3.5bn Egypt’s exports to Gulf countries in 8 months
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that Egypt’s total exports to the Gulf countries during the period from January to August 2017 was worth $3.5bn. On the other hand, the total value of exports to those countries during the same period last year was $3.4bn. CAPMAS’ latest foreign trade report, for …

Al-Sisi asserts during Gulf tour need to counter attempts of foreign intervention
The president discussed bilateral cooperation with King Al-Khalifa of Bahrain, holds economic talks with Kuwaiti officials and businesspeople

$500m negotiations with Indonesia indicate Egypt not seeking finance from Gulf countries: expert
In order to finance its budget deficit, the Egyptian government is negotiating with Indonesia to borrow $500m by the end of first quarter of 2017, according to a Ministry of Finance source who preferred to remain anonymous. The negotiations show that Egypt is no longer seeking financing from the Gulf countries, after receiving billions of …

Interior Minister urges using machine guns against protesters in new leaks
Leaks of statements belittling Gulf States and Morsi’s military confinement declared genuine by top British forensic speech laboratory

News leaks allege government’s ‘dissatisfaction’ with Gulf countries
Despite publically strong ties with GCC, speakers in the leaks argue relations should be based on self-interest
Gulf support should not substitute for long-term economic reform: IMF official
Egypt must address “imbalances in the budget”, generate jobs, and improve living standards, says Massod Ahmed, IMF’s Middle East director

Egypt may receive an additional $6bn from Gulf countries: Dcode
Economic and financial consulting firm Dcode estimates that Egypt will receive additional $5.5bn-$6bn during the 2014 calendar year

Egypt’s rating at S&P’s unchanged despite Gulf aid
Standard and Poor’s maintains Egypt’s rating CCC+ with a stable outlook