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Tag: Mursi
What growth for Egypt?
Planning minister al-Araby claimed that the economy will grow by 3.8% in 2013, while Finance minister Al-Mursi al Sayed Hegazy presented in parliament measures geared ... Read More
Cairo & Tehran, Old Enemies, Forming a New Axis ?
Many foreign political analysts seem increasingly are concerned over the geostrategic implications of the rapid rapprochement between Egypt and Iran, two former foes that are ... Read More
Egypt: 19 Foreign Tourists Killed in Hot Air Balloon Crash
Nineteen foreign tourists from Britain, France, Japan, Hong-Kong, China and Hungary were killed in a hot air balloon crash that occurred Tuesday near the Egyptian ... Read More
Egypt: Mursi Slams French Military Campaign in Mali
While French troops are treated and greeted in Mali as liberators rather than as foreign occupiers, Egypt’s Islamist president Mohamed Morsi has expressed opposition to ... Read More
Egypt’s Constitutional Referendum and the Fiscal Troubles Hampering IMF Loan Negotiations
Egypt’s Central Bank proclaimed their foreign reserves reaching the “critical” levels after it had sold about 75 million USD in its first private auction to ... Read More
Egypt meets IMF as pound depreciates
Representatives of International Monetary Fund (IMF) and the Egyptian government discussed the important $4.8 billion loan as the Egyptian pound continues on its dive with ... Read More
Egypt: Economy and capabilities determine IMF deal
Egypt’s economy might be heading for the worst as the board of the International Monetary Fund (IMF) meets in a few weeks to consider almost ... Read More
Reconstruction of Egypt’s economy
Egypt finance minister Muntaz al-Said announced on Wednesday that a new 10% tax on major transactions have been approved by a special cabinet that was ... Read More
Egypt: Sinai headquarters attacked
The Egyptian government’s security headquarters in Al-Arish, Northern Sinai, has come under attack of Islamist militants in the region who were armed with mortar bombs ... Read More
US ambassador killed in attack on consulate in Benghazi
The US ambassador to Libya, Christopher Stevens, and three other embassy staff members were killed on Tuesday during an attack on the US consulate in ... Read More