Egypt’s economy
Minister: Egypt consulting with IMF over future cooperation
Business
June 29, 2019
Minister: Egypt consulting with IMF over future cooperation
Egypt’s Finance Minister Mohamed Maait announced Friday that there are consultations between Egypt and the International Monetary Fund (IMF) regarding…
Last loan!
Opinion
May 29, 2019
Last loan!
The fact that we won’t ask for a new loan from the International Monetary Fund (IMF), with the final tranche…
Egypt seeks 6% growth rate during upcoming fiscal year, Minister
Business
April 20, 2019
Egypt seeks 6% growth rate during upcoming fiscal year, Minister
Finance Minister Mohamed Maait said on Saturday that Egypt’s fiscal policy aims to raise economic growth rates to 6 percent…
Egypt’s Cabinet denies economic crisis caused by IMF conditions
Economy
April 16, 2019
Egypt’s Cabinet denies economic crisis caused by IMF conditions
The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
World Bank’s newest President looks forward to working with Sisi
Business
April 13, 2019
World Bank’s newest President looks forward to working with Sisi
The newest President of the World Bank Group, David Malpass, announced that he is looking forward to working with President…
Refugees in Egypt struggle to live as economic hardships deepen
Features/Interviews
April 12, 2019
Refugees in Egypt struggle to live as economic hardships deepen
CAIRO (Reuters) – Syrian refugee Ahmad al-Khatib and his 16-year-old son both work as tuk-tuk drivers in Cairo, but it…
IMF praises Egypt’s economic reform program, says all targets achieved
Business
April 6, 2019
IMF praises Egypt’s economic reform program, says all targets achieved
The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egypt’s urban inflation jumps to 14.4 pct in Feb
Economy
March 11, 2019
Egypt’s urban inflation jumps to 14.4 pct in Feb
CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Economy
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
OECD drops Egypt’s economic risk classification ranking
Economy
February 4, 2019
OECD drops Egypt’s economic risk classification ranking
The Organization for Economic Co-operation and Development (OECD) officially announced that Egypt’s risk classification has dropped from six to…