Minister: IMF loan to lure foreign investments to Egypt
Trade and Industry Minister Tareq Qabil
Cairo - MENA
Trade and Industry Minister Tareq Qabil said Tuesday the initial agreement with the International Monetary Fund (IMF) on a dlrs 12 bln-loan will lure foreign investments to Egypt.
Addressing the two-day Euromoney conference, Qabil said the agreement aims at bolstering the world's confidence in the Egyptian economy.
He said the three-year loan deal proves that the government's economic reform plan is on the right track.
He added that the loan would contribute to improving the trade balance, saving hard currency, buttressing exports and imports and settling the problem of unstable prices.
He added that the ministry is exerting strenuous efforts to improve the trade balance.
GMT 20:38 2017 Wednesday ,25 October
Egypt, France sign agreement to develop entrepreneurshipGMT 22:30 2017 Tuesday ,24 October
Egypt's exports to Kenya up 30% in 2017GMT 20:46 2017 Thursday ,31 August
Egyptian exports to Spain almost doubledGMT 21:47 2017 Monday ,17 July
Trade min. lauds role played by embassiesGMT 21:00 2017 Sunday ,02 July
Egypt, Lebanon strike $3m contract on exporting ready-made clothes
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 01:57 2017 Sunday ,29 October
Mar21/Apr20)
GMT 06:27 2017 Tuesday ,05 December
Warriors thump Heat, Rockets rule the road
GMT 07:27 2018 Monday ,03 December
China agrees to ‘reduce and remove’ tariffs on US cars: Trump
GMT 16:54 2018 Saturday ,08 September
Chief of Staff of UAE Armed Forces visits UAE troops in Yemen
GMT 15:40 2016 Sunday ,14 August
China and Sri Lanka in new deal over $1.4bn reclamation
GMT 10:17 2017 Monday ,11 December
Speaker of Finnish Parliament Calls for Strengthening Relations
GMT 20:28 2017 Sunday ,09 April
GCC condemns Friday attack in Sweden
GMT 20:00 2017 Monday ,06 November
Sharjah Baby-Friendly Office forms steering committee
GMT 07:00 2017 Thursday ,06 April
Questions cloud municipality fee
GMT 22:05 2017 Tuesday ,10 October
Taliban denies reports on unity with Daesh
GMT 06:45 2017 Monday ,16 October
US-world divide spills out at IMF-World Bank meetings
GMT 03:45 2017 Saturday ,29 July
Could a green sponge hold cancer-fighting secrets?
GMT 06:09 2018 Monday ,24 September
IOF prevent minister of education from passing through checkpoint
GMT 17:04 2016 Friday ,09 September
Google to buy Apigee in $625m deal
GMT 08:07 2018 Friday ,05 January
Trump calls talks between North and South Korea 'a good thing'
GMT 16:46 2017 Friday ,10 February
Processing US visa applications in Saudi Arabia resumes as travel ban lifted
GMT 01:28 2017 Friday ,22 December
Syria opposition urges Russia to push Damascus
GMT 22:21 2017 Wednesday ,09 August
Egyptian President holds call with Chadian counterpart
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor