New Egypt finance minister says ready to complete IMF talks
By REUTERS
CAIRO - Egypt's incoming finance minister, Al-Mursi Al-Sayed Hegazy, said on Sunday he was ready to complete discussions with the International Monetary Fund on a $4.8-billion loan designed to prop up Egypt's struggling economy.Hegazy, expected to be sworn in by President Mohamed Mursi later in the day, was speaking after meeting Prime Minister Hisham Kandil. A senior IMF official is due to meet Egyptian leaders on Monday, a local newspaper reported.IDF declares Nitzana Border Crossing a 'closed military zone'