Arab Today, arab today us trade delegates in egypt
Last Updated : GMT 14:07:45
Arab Today, arab today
Arab Today, arab today

Libya grants $2bn loan

US trade delegates in Egypt

Arab Today, arab today

Arab Today, arab today US trade delegates in Egypt

America is Egypt’s largest trading partner
Cairo - Akram Ali

America is Egypt’s largest trading partner Cairo - Akram Ali A trade delegation from the United States will visit Egypt this week, in a visit aimed at improving business ties between the two countries. Deputy undersecretary of the US Ministry of Commerce Ken Hiatt will arrive in Egypt on Friday ahead of a two-day visit. Hiatt will be accompanied by nine US companies looking to secure deals in a range of sectors including computing and technology, construction, renewable energy and security. “The trade mission affirms America’s commitment to deepening long-term business relations with Egypt,” sources told Arabstoday on Thursday. Hiatt has expressed his hope to work through “challenges and opportunities” with Egyptian officials. The United States is Egypt’s largest trading partner, exchanging $8.4bn in trade exchanges in 2012. US foreign direct investment also reached $11.7bn in 2010. US President Barack Obama hopes to double US exports to Egypt by the end of 2014, supporting economic growth and employment opportunities in the North African country. The announcement comes the same day Libya granted Egypt an interest-free loan of $2bn to help battle a growing economic crisis. The loan is to be repaid within five years, with a three-year grace period, an unnamed official is quoted as saying. The news comes as Cairo holds difficult talks with the International Monetary Fund (IMF) over a loan of $4.8bn as part of a financing programme to lift Egypt\'s economy out of crisis. The size of the loan may change, IMF officials have said, without elaborating. Egypt\'s authorities believe the loan will help restore investor confidence in the country, where unrest that accompanied the 2011 uprising that toppled former President Hosni Mubarak has caused a significant drop in revenue from the once-lucrative tourism industry. Foreign reserves have plunged from $36bn to some $13bn in two years, and the budget deficit is increasing. Energy-rich Qatar announced on Wednesday it would buy bonds from Egypt worth $3bn over and above a previously announced aid package amounting to $5bn.

arabstoday
arabstoday

GMT 13:23 2017 Friday ,20 October

EU leaders approve first step

GMT 19:29 2017 Thursday ,19 October

IMF policies undermine human rights

GMT 19:13 2017 Tuesday ,17 October

GCC public debts reached to $415bn

GMT 10:22 2017 Sunday ,15 October

ADNOC strengthens energy partnership

GMT 17:02 2017 Saturday ,14 October

IMF, Spain warn on economic growth

GMT 05:05 2017 Saturday ,14 October

Saudi Aramco considering ‘range of options’

GMT 07:46 2017 Friday ,13 October

Canada still optimistic for new NAFTA

GMT 19:45 2017 Thursday ,12 October

Economic reform results 'exceed expectations'
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us trade delegates in egypt Arab Today, arab today us trade delegates in egypt

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us trade delegates in egypt Arab Today, arab today us trade delegates in egypt

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Malaysia Airlines picks new CEO

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday