Nevine Kamel

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IMF approves 4th $2bn tranche of Egypt’s loan

The Executive Board of the International Monetary Fund (IMF) approved today the disbursement of the fourth tranche of the IMF loan to Egypt worth $2bn, as part of the extended $12bn loan facility over three years. The IMF’s approval followed the completion of the third review of the IMF’s economic reform programme, during their visit …

Nevine Kamel

50 major US companies to visit Egypt by October

Washington  – Head of the American Chamber of Commerce in Egypt (AmCham) Tarek Tawfik said on Friday that an American investors delegation will visit Egypt in October, including 50 major American companies. He added that the expected visit will be an important step towards boosting bilateral economic ties, giving American companies the chance to learn about …

Nevine Kamel

Door-knock mission concludes annual visit to DC

Washington – Egypt and the United States have always enjoyed a special relationship since the October war of 1973, following late Egyptian president Anwar Al-Sadat’s decision to gradually shift from the Soviet camp, sign the 1978 Camp David Accords and Egypt-Israel Peace Treaty in 1979, and establish stronger ties with Washington in return for various kinds …

Nevine Kamel