IMF
Egypt expects IMF loan final tranche in July – deputy finance minister
Economy
May 8, 2019
Egypt expects IMF loan final tranche in July – deputy finance minister
CAIRO, May 7 (Reuters) – Egypt expects, in principle, to receive the final tranche of about $2 billion of its…
Egypt to slash fuel subsidies as it nears end of IMF program
Egypt
April 6, 2019
Egypt to slash fuel subsidies as it nears end of IMF program
CAIRO (Reuters) – Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund…
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…
World Economic Forum’s 17th edition in the region looks forward to building new cooperation platforms
Egypt
April 4, 2019
World Economic Forum’s 17th edition in the region looks forward to building new cooperation platforms
The world Economic Forum in the Middle East and North Africa will kick off at Jordan’s Dead Sea in collaboration…
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
Business
March 11, 2019
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
The state has undergone a very difficult surgery to conduct it’s economic reform, leading to success in all sectors, Finance…
Ghost workers sap Tunisia’s phosphate wealth
Middle East
March 7, 2019
Ghost workers sap Tunisia’s phosphate wealth
METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Business
March 3, 2019
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
Electricity prices to increase to cover subsidy shortage: Min.
Economy
February 28, 2019
Electricity prices to increase to cover subsidy shortage: Min.
The government has to support the domestic consumption of electricity with subsidies up to LE 46.7 billion; however, the amount…
Egypt is experienced in governance, combating corruption and more: Finance Minister
Egypt
February 11, 2019
Egypt is experienced in governance, combating corruption and more: Finance Minister
Egypt is richly experienced in governance, the automation of government financial payments, combating corruption, increasing transparency of the public finance…
US team in Beijing for trade talks after IMF ‘storm’ warning
World
February 11, 2019
US team in Beijing for trade talks after IMF ‘storm’ warning
US negotiators met with their Chinese counterparts in Beijing Monday for a new round of high-stakes trade talks, hoping to…