Farouk Soussa | Al Bawaba

Farouk Soussa latest

May 28th, 2014 - 05:55 GMT

Has Sisi already won over investors?

To gauge how Field Marshal Abdel-Fattah al-Sisi’s likely victory in this week’s Egyptian presidential election is winning over investors, look no further than the country’s creditworthiness.

Egypt and the IMF have had a sometimes tense relationship because of national pride and the international lender's efforts to persuade Cairo to undertake politically sensitive economic reforms such as subsidy cuts.

November 13th, 2013 - 03:55 GMT

IMF to Egypt: I'm available and still interested

Delays to the Egyptian election process could delay a long-awaited $4.8 billion loan from the IMF, an economists has warned

March 7th, 2013 - 09:06 GMT

Egypt's election delay could harm IMF loan

The Gulf doesn’t have the same deep-seated issue as elsewhere of needing to revive demand to pay off debt

September 2nd, 2012 - 12:19 GMT

GCC countries sitting comfortably

Multibillion-dollar spending plans for social housing, infrastructure or tourism were supported by a resurgent oil price, with Brent averaging $107 a barrel last year, according to calculations by Reuters

June 7th, 2012 - 02:00 GMT

Additional oil output, lower oil price, different break-even points

This time the Gulf is better prepared, the crisis management capabilities have improved

September 27th, 2011 - 08:44 GMT

Gulf better prepared for new global crisis

January 26th, 2009 - 11:57 GMT