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Saudi Arabia Egypt

Egypt discussing finance package with Saudi, UAE

Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and the UAE that could exceed a total of $5 billion based on figures initially proposed, the Egyptian finance minister said on Monday.

September 19, 2011 11:12
Saudi aid to include $1 bln Egypt cbank deposit

Saudi aid to include $1 bln Egypt cbank deposit

US to relieve Egypt of up to $1 billion debt as Saudi is gives aid in soft loans, grants and Cbank funds. Egypt expects a 4 per cent GDP rise.

May 23, 2011 2:38

Banque Misr in talks to sell Samba stake -report

Egypt's Banque Misr plans to sell 2 per cent Samba stake valued at $840 million.

May 23, 2011 10:50