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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… |
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Jordan to get aid cash from Gulf statesSaudi Arabia is about to deposit $250 million with Jordan's Central Bank as part of an $800 million planned contribution to help the country's ailing economy, Jordan's prime minister has said. More… |
