IMF loan

IMF loan negotiations continue despite violence
Business

IMF loan negotiations continue despite violence

Finance Minister Morsy Hegazy said on Wednesday that talks with the International Monetary Fund are progressing, despite violence plaguing several…
IMF to review Egyptian budget before resuming loan talks
Egypt

IMF to review Egyptian budget before resuming loan talks

The IMF's director for the Middle East and North Africa, Masood Ahmed, said Saturday that the fund is reviewing Egypt's…
EU’s Rompuy: IMF deal will help Egypt’s ailing economy
Egypt

EU’s Rompuy: IMF deal will help Egypt’s ailing economy

CAIRO  — A senior EU official urged Egypt on Sunday to conclude its talks with the International Monetary Fund on a…
New finance minister meets with US ambassador
Egypt

New finance minister meets with US ambassador

  The country is on the road to economic recovery, thanks to the help of highly efficient economic experts who…
Stock exchange loses 5.2 bln Thursday; delay in IMF loan bad for market, says analyst
Business

Stock exchange loses 5.2 bln Thursday; delay in IMF loan bad for market, says analyst

Stock indexes fell significantly at the end of trading on Thursday, influenced by heavy selling transactions made by foreign investors…
Officials: Egypt parliamentary election seen in April
Egypt

Officials: Egypt parliamentary election seen in April

Egypt, battered by political turmoil and an economic crisis that has sent the local currency tumbling, will hold a parliamentary…
Lagarde: Egypt must endorse IMF loan deal as its own
Business

Lagarde: Egypt must endorse IMF loan deal as its own

Egypt's government must endorse a US$4.8 billion IMF loan agreement and propose it to the Egyptian people as its own…
IMF wants pound value to drop against US dollar, says official
Business

IMF wants pound value to drop against US dollar, says official

The International Monetary Fund has criticized the Central Bank of Egypt for its delay in allowing the Egyptian pound’s value…
IMF reiterates commitment to supporting Egypt
Egypt

IMF reiterates commitment to supporting Egypt

The International Monetary Fund has reiterated its support for Egypt in face of increasing economic challenges. Masood Ahmed, Director of…
Al-Akhbar: Morsy to meet IMF official for talks over loan
Egypt

Al-Akhbar: Morsy to meet IMF official for talks over loan

A high-ranking official at the International Monetary Fund will meet on Monday with President Mohamed Morsy, Prime Minister Hesham Qandil…
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