IMF
Egypt, IMF reach agreement on $2 billion loan disbursement
Egypt
November 10, 2017
Egypt, IMF reach agreement on $2 billion loan disbursement
Egypt has reached a staff-level agreement with the International Monetary Fund for an installment of about $2 billion more from…
Is Egypt reaching its aspired economic goals 1 year after the currency float?
Features/Interviews
November 3, 2017
Is Egypt reaching its aspired economic goals 1 year after the currency float?
One year after Egypt took the dramatic step of floating its pound, inflation is still taking its toll on the…
Improving world economy still needs help from low rates
Economy
October 15, 2017
Improving world economy still needs help from low rates
The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates…
IMF expects Egypt’s growth to reach 5.3% in 2019
Business
October 12, 2017
IMF expects Egypt’s growth to reach 5.3% in 2019
The International Monetary Fund (IMF) expects Egypt’s growth rate to reach 5.3 percent with inflation falling to 13.5 percent by…
Remittances from Egyptian expats up 40 pct from same period last year: CBE
Economy
October 9, 2017
Remittances from Egyptian expats up 40 pct from same period last year: CBE
Remittances from Egyptian expats were reportedly 40 percent higher in August than in the same month last year, registering $1.7…
Egypt participates in IMF annual meetings
Business
October 9, 2017
Egypt participates in IMF annual meetings
Egypt is participating in the annual meetings (Autumn Meetings) of the International Monetary Fund and the World Bank, to be…
‘Shame on you’ chant Greek pensioners over bailout cutbacks
World
October 3, 2017
‘Shame on you’ chant Greek pensioners over bailout cutbacks
Several hundred elderly Greeks shouting “shame” marched through Athens on Tuesday protesting against deep cutbacks to pension payments ordered by…
Egypt on track for year-end IMF payment, but 32 percent inflation a worry
Business
September 27, 2017
Egypt on track for year-end IMF payment, but 32 percent inflation a worry
Egypt has made a “good start” to its reform programme despite seeking waivers for missing targets in June and a…
Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report
Economy
September 4, 2017
Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report
Egypt was ranked the 19th most powerful economy out of a list of the world’s 21 most powerful economies in…
Egypt’s central bank seen holding interest rates after unexpected hikes
Economy
August 17, 2017
Egypt’s central bank seen holding interest rates after unexpected hikes
Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…