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Arab Monetary Fund

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Arab monetary fund in $65 million loan to Egypt

The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt to help the country trade with other Arab states, as political instability threatens Cairo with a balance of payments crisis.

June 18, 2012 10:41
 
Egypt sees billions in aid from Saudi, UAE soon

Egypt sees billions in aid from Saudi, UAE soon

Egypt expects $500 million from the Arab Monetary Fund by end-2011, according to its Finance Minister. Meanwhile, IMF aid remains an option as economy grows 2-3 percent this fiscal year.

September 8, 2011 2:45
 
Meet Egypt’s new finance man: Can el-Beblawi move the economy beyond military constraints?

Meet Egypt’s new finance man: Can el-Beblawi move the economy beyond military constraints?

74-year-old Hazem el-Beblawi will attempt to woe the military and satisfy reform demands at a time when Egypt’s economic identity is almost completely wiped clean.

July 18, 2011 1:19