Egypt's Mursi fails to secure loan, grain from Russia


SOCHI, Russia (Reuters) - Egyptian President Mohamed Mursi asked Russia on Friday for grain and a loan to help ease a deepening economic crisis but secured neither at talks with President Vladimir Putin.

Russian officials said only that Moscow would consider the loan request, which a Moscow-based source had earlier put at about $2 billion (1.3 billion pounds), and that it might increase grain supplies if its harvest reached the target level this year.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Pakistani president urges global collaboration on climate action
Sixty injured in Buenos Aires train collision
UN civil society summit in Kenya ends with call for sustainable future
Standard Chartered Bank to fund green Chinese firms in Africa
Roundup: UK facing whooping cough outbreak, experts warn about risks to babies
Stanbic Bank Kenya rolls out financial products to boost China-Africa trade
Landslides triggered by heavy downpour kill 8 in western Uganda
2nd LD Writethru:Three dead, six injured after bus falls into river in Russia's St.Petersburg
At least 30 seriously injured in Argentine train accident
Pakistan to take urgent measures to boost export competitiveness: PM

Others Also Read