Egypt signed an agreement with the US government Sunday under the terms of which it will receive a $190 million grant to back its state budget, reported Al-Ahram Arabic-language news site. The grant is the first tranche of a US aid package to Egypt worth $1 billion announced by President Barack Obama in May 2011, according to Egyptian Minister of Planning and International Cooperation Ashraf El-Arabi. El-Arabi said the agreement would be presented to the Egyptian Shura Council (the upper house of parliament) for ratification. The grant is expected to be received before the year’s end. Source: Ahram Online
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor