Tag Archives: Aid

Saudi Arabia to give Egypt up to $4bn more aid

Reuters – Saudi Arabia is expected to give Egypt up to $4bn in additional aid in the form of central bank deposits and petroleum products, state-run Egyptian newspaper Al Ahram reported on Thursday.

Citing an unnamed ministerial source, the newspaper …

Egypt’s “new normal” aids financial market rebound

Egypt’s “new normal” aids financial market rebound

Egyptian ousted President Hosni Mubarak AFP PHOTO / ATTILA KISBENEDEK

Egyptian ousted President Hosni Mubarak
(AFP Photo)

Reuters – Three years after the fall of Hosni Mubarak, Egypt’s political future is uncertain but its economy may have stabilised enough to fuel a strong recovery of its financial markets this year.…

Fahmy meets Kuwaiti counterpart, discusses Syria

Fahmy meets Kuwaiti counterpart, discusses Syria

Egyptian Foreign Minister Nabil Fahmy speaking during a conference on the sidelines of the opening ceremony of the Second International Humanitarian Pledging Conference for Syria, at Bayan palace in Kuwait City on January 15, 2014. The Conference for Syria aims to raise $6.5 billion for more than 13.4 million Syrians facing extreme conditions inside the country and in neighbouring nations.  (AFP PHOTO / YASSER AL-ZAYYAT)

Egyptian Foreign Minister Nabil Fahmy speaking during a conference on the sidelines of the opening ceremony of the Second International Humanitarian Pledging Conference for Syria, at Bayan palace in Kuwait City on January 15, 2014.
(AFP PHOTO / YASSER AL-ZAYYAT)

Egypt may receive an additional $6bn from Gulf countries: Dcode

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 2014

Economic and financial consulting firm Dcode estimates that Egypt will receive additional $5.5bn-$6bn during 2014

Economic and financial consulting firm Dcode estimated that Egypt will receive between $5.5bn and $6bn in aid from Gulf countries in 2014, according to the …

US Congress makes $1.3bn in military aid available in 2014

US Congress makes $1.3bn in military aid available in 2014

US Congress in the House chamber at the Capitol  (AFP File Photo / Brendan Smialowski)

US Congress in the House chamber at the Capitol
(AFP File Photo / Brendan Smialowski)

The United States Congress allocated $1.3bn of military aid to be made available to Egypt in Fiscal Year 2014 (FY 2014). Following the decision, the …