International Monetary Fund (IMF)
IMF Executive Board approves expanded US$8 billion loan to Egypt
Business
March 30, 2024
IMF Executive Board approves expanded US$8 billion loan to Egypt
The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second reviews of the extended…
Goldman Sachs expects surplus in foreign financing to Egypt
Business
March 17, 2024
Goldman Sachs expects surplus in foreign financing to Egypt
The Goldman Sachs bank expects a surplus in foreign financing to Egypt worth US$26.5 billion over the next four years,…
Egypt awaits up to US$6 billion from the European Union
Business
March 12, 2024
Egypt awaits up to US$6 billion from the European Union
Egypt expects to receive about five to six billion dollars (LE246 to LE296 billion) in funding from the European Union…
IMF agrees to increase funding program for Egypt to $8 billion
Egypt
March 7, 2024
IMF agrees to increase funding program for Egypt to $8 billion
Prime Minister Mostafa Madbouly announced that Egypt signed an agreement on Wednesday with the International Monetary Fund (IMF) to increase…
International Monetary Fund comments on Egypt’s Ras al-Hikma deal
Business
February 29, 2024
International Monetary Fund comments on Egypt’s Ras al-Hikma deal
The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, said that Egypt’s announcement on Friday of a $35…
IMF sees ‘excellent progress’ in talks with Egypt
Business
February 24, 2024
IMF sees ‘excellent progress’ in talks with Egypt
An International Monetary Fund (IMF) official said that the fund continues to make excellent progress on discussions with the Egyptian…
IMF anticipates increase in support to Egypt will be ‘large in size’
Business
February 12, 2024
IMF anticipates increase in support to Egypt will be ‘large in size’
The Managing Director of the International Monetary Fund, Kristalina Georgieva said that the expected increase in support to Egypt will…
IMF in the final stage of formulating increased financing for Egypt
Business
February 10, 2024
IMF in the final stage of formulating increased financing for Egypt
The International Monetary Fund (IMF) is formulating a new financial support package for Egypt, following upon its plans to increase…
IMF lowers growth expectations for Egypt economy for the 3rd time
Business
January 31, 2024
IMF lowers growth expectations for Egypt economy for the 3rd time
The International Monetary Fund (IMF) lowered its growth expectations for the Egyptian economy during 2024, while maintaining its expectations for…
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Business
January 31, 2024
IMF reportedly increasing loan to Egypt to US$8 billion: TV host
Egyptian TV host Lamis al-Hadidi said on Tuesday during her show “Last Word” (Kalema Akhera) that there is upcoming news…