IMF
IMF Official Lauds Serious Reforms To Enhance Financial Stability In Egypt
Business
April 4, 2024
IMF Official Lauds Serious Reforms To Enhance Financial Stability In Egypt
Alex Segura-Ubiergo, the IMF’s Resident Representative in Egypt, lauded serious reforms introduced by the Egyptian government to enhance financial stability…
IMF’s loan to Egypt not linked to Gaza crisis, official assures
Business
February 26, 2024
IMF’s loan to Egypt not linked to Gaza crisis, official assures
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour said there…
PM says greatly appreciates cooperation with IMF
Egypt
February 13, 2024
PM says greatly appreciates cooperation with IMF
Prime Minister Moustafa Madbouly greatly appreciated cooperation between Egypt and the International Monetary Fund (IMF), stressing that his government is…
IMF determines agreement with Egypt regarding tranches of existing loan and additional financing
Main Slider
February 1, 2024
IMF determines agreement with Egypt regarding tranches of existing loan and additional financing
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour, said that…
Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation
Business
January 12, 2024
Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation
Capital Economics, an independent economic research business based in the UK, noted that Egypt’s agreement with the International Monetary Fund…
Egyptian pound to be devalued in September/October: Morgan Stanley
Business
August 2, 2023
Egyptian pound to be devalued in September/October: Morgan Stanley
US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline during September…
IMF remarks on Egypt’s economy remain positive despite challenges: FEDCOC
Business
July 25, 2023
IMF remarks on Egypt’s economy remain positive despite challenges: FEDCOC
The treasurer of the Federation of Egyptian Chambers of Commerce (FEDCOC), Mohamed al-Fayoumi, said on Monday that the recent statements…
World Bank to finance Egypt with $7 bln over 6 years
Business
April 14, 2023
World Bank to finance Egypt with $7 bln over 6 years
The World Banks latest program within a framework of cooperation with Egypt is for the disbursement of US$7 billion to…
IMF agree on $15.6 billion loan package to Ukraine
World
March 22, 2023
IMF agree on $15.6 billion loan package to Ukraine
The International Monetary Fund (IMF) has agreed to supply Ukraine with a $15.6 billion loan to help stave off financial…
Global economic outlook slightly ‘less gloomy,’ Europe ekes out growth
World
January 31, 2023
Global economic outlook slightly ‘less gloomy,’ Europe ekes out growth
London CNN — The global economy will weaken this year as rising interest rates and Russia’s war in Ukraine continue…