August 17, 2022
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Homedebts

debts

Egypt Latest News

Egypt: Economy trapped in a vicious cycle of debt, poverty, and massive crises, report

June 6, 2022 MEO Staff

For the foreseeable future, it appears that Egypt will remain trapped in a vicious state-sponsored economic cycle that disproportionately harms the poor and the middle class, states a key finding of a report by Carnegie.  [ More … ]

Column

How Sisi is running a pyramid scheme in Egypt: Ex-Minister Y. Hamed

February 10, 2022 MEO Staff

Yehia Hamed, Egypt’s former investment minister, has published an opinion article on the London-based Middle East Eye, addressing the economic situation in Egypt, where “With the economy in shambles and millions of people mired in [ More … ]

Egypt Latest News

Egyptian National Action Group accuses IMF of Entangling Egypt in Debts

April 29, 2020 MEO Staff

The Egyptian National Action Group (ENAG) on Wednesday accused the International Monetary Fund (IMF) of implicating Egypt in more debts. The Egyptian National Action Group, including opposition figures from across the Egyptian political spectrum both [ More … ]

Egypt Latest News

Egypt’s Oil Minister: Debts to Foreign Oil Companies Reached $3.6 Billion

January 2, 2017 Ahmed Rashed

Egypt’s Petroleum Minister Tarek el-Molla says Egypt’s debts to foreign oil companies hit $3.6 billion. Tarek el-Molla, the Egyptian Petroleum Minister, said that Egypt’s debts to foreign oil companies have reached $3.6 billion. El-Molla added that the [ More … ]

Egypt Latest News

Egypt Receives the First Tranche of the World Bank Loan

September 10, 2016 Ahmed Rashed

Egypt received the first $1 billion tranche of a three-year $3 billion loan from the World Bank to fund government plans to boost growth, according to Bloomberg. Egypt’s Minister of International Cooperation Sahar Nasr said [ More … ]

Latest

Egypt: 7 people arrested for protesting home demolitions in Warraq Island

Egypt Latest News
August 16, 2022

Egypt: ‘Regime should commit to honoring human rights’, says member of ND board of trustees

Egypt Latest News
August 15, 2022

Egypt: At least 41 killed, 45 injured in a church fire in Giza

Egypt Latest News
August 14, 2022

Egypt: Former MP Ahmed Tantawi reportedly left Cairo for Beirut to stay away from the political scene

Egypt Latest News
August 13, 2022

Egypt seeks raising $2.5 bln. amid its worsening economic situation

Egypt Latest News
August 12, 2022
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