Egypt close to securing deal for up to 100 South Korean FA-50 light attack aircraft
Egypt is in advanced negotiations with South Korea to buy up to 100 FA-50 light attack aircraft, Egyptian Ambassador to
The International Monetary Fund will this week begin its delayed fourth review of Egypt's 46-month loan program, PrimeMinister Mostafa Madbouly said on Sunday. The review had originally been scheduled for the end of September. It comes under an agreement Cairo signed with the IMF in April, expanding an original loan from $3 billion to $8 billion to help Egypt manage its economic challenges. The fourth review will unlock $1.2 billion in new financing.
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