Govt to accept US$1 bln loan from Islamic Development Bank
Planning and International Cooperation Minister Fayza Abouelnaga said a US$1 billion loan from the International Islamic Trade Finance Corporation, which is affiliated with the Islamic Development Bank, will be signed on Monday.
The loan would have a 3.25 percent interest rate.
In a statement to the press on Thursday, Abouelnaga said money from the loan will be distributed to the Egyptian General Petroleum Corporation and the General Authority for Commodities.
Prime Minister Kamal al-Ganzouri said on Wednesday during a statement to the Shura Council that food commodities will be offered at half price during Ramadan.
This year, the holy month of Ramadan will start on 20 July.
Almasry Alyoum
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Ministers in Prime Minister Hisham Qandil's cabinet following the recent reshuffle (new appointees are in italics): 1. Minister of Agriculture Ahmed Mahmoud Ali El-Gizawi2. Minister of Antiquities Ahmed Eissa3. Minister of Aviation Wael Maadawi4. Minister of Communication Atef Helmy5. Minister of Culture
AP— April 15, 2013: Two bombs explode in the packed streets near the finish line of the Boston Marathon, killing three people and injuring more than 140.— January 17, 2011: A backpack bomb is placed along a Martin Luther King Day parade route in Spokane, Washington, meant to kill and injure participants in a civil rights march, but is found and disabled before it can explode. White
The convenient marriage between Iran and the Arab left would have been unthinkable only a few years ago, given the traditional ideological paradoxes between patriarchal Persian Shiism, on the one hand, and leftist orthodoxy on the other.Indeed, a casual viewer of Hizbullah's Al-Manar television, or the Iranian-funded Al-Mayadin TV, these days would probably think that the two Shia propaganda
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