IMF loan
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…
Egyptian pound price expected to drop by end of 2023: economists
Business
April 27, 2023
Egyptian pound price expected to drop by end of 2023: economists
In a poll published by Reuters, Thursday, economists expect that the value of the Egyptian pound against the US dollar…
No third flotation of the Egyptian pound: economist
Business
December 19, 2022
No third flotation of the Egyptian pound: economist
Economist Mostafa Badra denied a third flotation of the Egyptian pound. Badra revealed the details of Egypt obtaining a US$3…
Importers Division expects breakthrough in market after December 16
Business
December 13, 2022
Importers Division expects breakthrough in market after December 16
A member of the Importers Division of the Chamber of Commerce expects a breakthrough on the market after December 16.…
Egypt obtains IMF loan worth $3 bln
Economy
October 27, 2022
Egypt obtains IMF loan worth $3 bln
The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
IMF loan to not solve economic crisis in Egypt radically: economist
Economy
October 20, 2022
IMF loan to not solve economic crisis in Egypt radically: economist
The IMF loan will not radically solve the economic crisis in Egypt, Hisham Badawy, an economist, stressed, adding that rationalizing…
Senior economist expects IMF loan to Egypt to be approved soon
Business
August 26, 2022
Senior economist expects IMF loan to Egypt to be approved soon
Economist and former Deputy Assistant Governor of the Central Bank of Egypt, Hani Geneina, expected that the International Monetary Fund…
Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE
Economy
June 6, 2022
Egypt’s foreign currency reserves down by US$ 1.628 billion in May, CBE
The Central Bank of Egypt (CBE) said that the foreign currency reserves reached about US$35.495 billion at the end of…
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
Business
December 9, 2019
Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister
CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…
Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE
Business
August 7, 2019
Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE
The Central Bank of Egypt (CBE) said on Tuesday that the value of the country’s foreign currency reserves reached US$44.916…