Egypt agrees on $5.2 bn aid package: IMF

A view of buildings by the Nile River in Cairo Egypt June 4, 2020. (Reuters)
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Updated 05 June 2020
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Egypt agrees on $5.2 bn aid package: IMF

  • The IMF board must still approve the financing from the fund's Rapid Financing Instrument (RFI)

WASHINGTON: An IMF team has agreed on a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic impact of the COVID-19 pandemic, the fund announced Friday.
The IMF board must still approve the financing from the fund's Rapid Financing Instrument (RFI), which allows nations to circumvent the lengthy negotiations usually needed to secure a full economic assistance program - time most countries do not have as they struggle to cope with the coronavirus crisis.


Military coalition in Yemen condemns attack on commander’s convoy

Coalition spokesman Major General Turki Al-Maliki called the ambush “a criminal act that is contrary to all moral values.
Updated 22 January 2026
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Military coalition in Yemen condemns attack on commander’s convoy

  • Al-Maliki also said the coalition is committed to supporting Yemeni security efforts and pursuing those involved in the attack and bringing them to justice

RIYADH: The Coalition to Support Legitimacy in Yemen condemned on Wednesday an attack that targeted the convoy of a senior commander.
The attack in the Jaoula area of ​​Lahj governorate targeted vehicles under the command of Brigadier General Hamdi Shukri, who heads the second division of the Giants Forces.
Coalition spokesman Major General Turki Al-Maliki said there were numerous deaths injuries and called the ambush “a criminal act that is contrary to all human and moral values.”
He said the coalition, which includes Saudi Arabia, will continue coordinating with the relevant authorities to ensure the security of citizens and maintain stability, Saudi Press Agency reported.
He called for people to work with the Yemeni government and military authorities to confront any sabotage attempts or terrorist operations targeting the security and stability of liberated governorates.
Al-Maliki also said the coalition is committed to supporting Yemeni security efforts and pursuing those involved in the attack and bringing them to justice.