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UAE's $3bn aid for Egypt 'to take time'The $3 billion in aid that the UAE pledged for Egypt in 2011 will "take time" to be transferred, the UAE Finance Minister and Dubai Deputy Ruler said. "We are going in the right way but it will take time. I cannot t More… |
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Qatar, Libya give Egypt $5 billion boostArab allies Qatar and Libya gave cash-strapped Egypt a $5 billion double boost as the Arab world's most populous nation struggles to secure an IMF loan to ease its deepening economic crisis. More… |
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Egypt must take bold steps without delay: IMFEgypt needs to take bold and ambitious policy actions to address its economic problems without further delay and could tap temporary IMF funding while it negotiates a full loan program, the International Monetary Fund said on M More… |
Qatar gives $100m in aid to SyriaQatar has given $100 million in aid to Syrians stricken by their country's civil war, Qatar's state news agency said on Thursday, the first tranche of at least $900 million pledged by Gulf states. More… |
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Ahmadinejad offers 'big creditline' to EgyptIran has offered to lend money to cash-strapped Egypt despite being under international economic sanctions itself over its nuclear programme, visiting President Mahmoud Ahmadinejad was quoted on W More… |
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Donors raise $1.5bn for displaced SyriansDonor countries have pledged more than $1.5 billion for Syrians displaced by nearly two years of fighting, United Nations Secretary-General Ban Ki-moon said, after a donor conference in Kuwait. More… |
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Qatar to invest $1.34bn in smaller Greek firmsQatar has pledged to invest up to 1 billion euros ($1.34 billion) in Greek companies, money which could help Greece recover from its debt crisis. The agreem More… |
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Kuwait MPs seek more financial aid for citizensA parliamentary committee in Kuwait proposed on Sunday that the government pay a portion of the interest on citizens' personal loans and give a KD1,000 ($3,500) gift to each Kuwaiti without such debts, state news agency Kuna reported. More… |
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Egypt to receive $6.5bn EU grantsEuropean Council president Herman Van Rompuy, visiting Cairo, said on Sunday the European Union and other financial institutions had offered Egypt over 5 billion euros ($6.5 billion) to support Egypt's democratic transition. & More… |
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Timing key for Qatar's $2.5bn lifeline to Egypt(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) Timing matters for Qatar's $2.5 billion lifeline to Egypt. The generous aid package doubles the Gulf state's financial assistance to th More… |
