Egypt's Mursi plans cabinet reshuffle
CAIRO - Egyptian President Mohamed Mursi said on Saturday he planned to reshuffle his cabinet in a move that could help build political consensus around a $4.8 billion loan Cairo is seeking from the International Monetary Fund.
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Found 1 month ago on channel
Reuters
IMF awaits Morsi's agreement for $4.8 billion Egyptian loan
Although Egypt is said to be close to agreement on a loan from the IMF worth $4.8 billion, President Morsi is concerned about conditions imposed that would force him to legislate unpopular policies.
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Farmers Say Egypt's Wheat Crop Hopes Are 'a Dream'
Egypt's Islamist-led government must be dreaming if it expects a bumper wheat harvest over the next six weeks that will save the country billions of dollars in imports, says farmer Farid Boshra Abdel Malek.
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Egypt stalls on IMF terms, no deal seen: diplomats
CAIRO - Egypt is stalling on the terms of a $4.8 billion International Monetary Fund loan to help it fight a deepening economic crisis, and no deal is likely while an IMF team is in Cairo, diplomats said on Sunday.
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Found 1 month ago on channel
Reuters
Egypt to Spend on Refineries
Cash-strapped Egypt will spend $18 billion until 2017 to build new refineries and modify existing plants in a move to increase its annual fuel output, the country's oil minister said in an interview with Al Tahrir Television.
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